Revenue of electricity distribution companies in Nigeria increased to N887.86 billion in the first seven months of 2024 amid an electricity tariff hike. This is according...
The Central Bank of Nigeria (CBN) has taken steps to manage the country’s rising money supply, withdrawing N1.335 trillion from circulation. The measure, often referred to...
The Presidential Compressed Natural Gas Initiative (P-CNGi) has unveiled seven centres where commercial transporters can convert their petrol to CNG-powered vehicles in Ekiti. The Program Director...
The Central Bank of Nigeria (CBN) on Friday said it sold 543.5 million dollars through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) to...
The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced challenges....
Meta has launched its Content Monetization beta program for Facebook, aimed at enhancing the earning potential of content creators. This initiative, announced on Wednesday, October 2,...
The Federal Government has exempted a range of various energy products, including diesel, Liquefied Natural Gas (LNG), also known as cooking gas, Compressed Natural Gas (CNG),...
The Nigerian government through the Bank of Industry, BoI, said it disbursed loans amounting to N77.65 billion to businesses especially medium, small and micro-enterprises, MSMEs, in...
The National Agency for Food and Drug Administration and Control has intensified its campaign against counterfeit cosmetics in Abuja, seizing illegal products worth ₦37 million. Acting...
Shell has appointed Mr Ronald Adams as the new managing director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo). Gladys...