Momas Electricity Meter Manufacturing Company Limited (MEMMCOL) and the National Agency for Science and Engineering Infrastructure (NASENI) have signed a Memorandum of Understanding for the development...
African Development Bank (AfDB) said it is targeting the creation of 400,000 jobs through the establishment of Special Agro-industrial Processing Zones (SAPZs) across the country. Its...
The Debt Management Office (DMO) on Thursday said Nigeria’s total public debt stock increased to N39.56tn in 2021 from N32.92tn in 2020. The Director-General, DMO, Patience...
Nigeria’s Premium Motor Spirit (petrol) import bill increased by over 97 per cent in 2021 as confusion remains over consumption numbers. According to the National Bureau of...
Award winning Nigerian singer and philanthropist, David Adeleke also known as Davido is set to give N20million to 20 young entrepreneurs. This gesture comes shortly after...
Libya could become the number one oil-producing country in Africa amid Nigeria’s struggles. Data from the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market Report...
Shell Plc has been stopped from selling any of its assets in Nigeria as the oil company looks to diversify from oil production. The order was...
Deposit money banks (DMBs) and processing companies in the financial industry have been given the go-ahead to establish deposit and withdrawal centres outside the banking hall...
For two consecutive months – January and February – Nigeria failed to meet its quota as allocated by the Organisation of Petroleum Exporting Countries (OPEC). In...
With a sharp decline in Nigeria’s oil export opportunities, there are indications that the country’s 2022 budget deficit might go up to about N10 trillion while...