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Business & Economy
Why electricity supply dropped nationwide – Power Minister Adelabu explains
The Minister of Power, Adebayo Adelabu, has opened up on why electricity supply is reduced nationwide.
Adelabu blamed gas constraints on thermal generating companies for the drop in…
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FAAC shares N1.1trn to federal, state, local governments
In December 2023, the federal, state, and local governments received N1.1 trillion from the Federation Account Allocation Committee.
Bawa Mokwa, the Office of the Accountant General…
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Blinken meets Tinubu, offers $45m security fund for Nigeria, others
As part of a strategy to combat instability, US Secretary of State Antony Blinken announced on Tuesday that the US would give West African countries an extra $45 million, bringing the…
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Tinubu meets leadership of Chevron Corporation, energy company, at state
President Tinubu met with the leadership of Chevron Corporation, an energy company at the state house on Tuesday, January 23.
This was disclosed by the Special Adviser to President…
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N47bn debt: NCAA slams ‘no pay, no service’ sanction on debtor airlines
Any local airlines that owe the Nigerian Civil Aviation Authority (NCAA) will not be allowed to operate, according to Capt. Chris Najomo, the acting director general of the…
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Lagos prohibits inflammable storage
The government of Lagos State has issued a warning regarding the careless handling and storage of combustible materials.
Lagos State Government targets bridge facilities and priority…
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FG hopes to reach $1 trillion in maritime earnings, by 2027
The Federal Government expects Nigeria to achieve $1 trillion in economic growth by 2027, with the country's maritime sector playing a crucial role in this achievement.
During a…
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MTN gets NCC’s nod to disconnect Globacom from network
Due to interconnect debt, MTN has been given permission by the Nigerian Communications Commission (NCC) to cut Glo off from its network.
The public and Globacom subscribers were…
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Dangote: EFCC raid could hurt economy, scare investors – Reps member, Ikenga
The raid on the Dangote Group headquarters by agents of the Economic and Financial Crimes Commission, or EFCC, has alarmed Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of…
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NNPCL, marketers fight over subsidies, operators set price of petrol at N1,200 per litre
On Tuesday, the Nigerian National Petroleum Company Limited and fuel marketers affiliated with the Independent Petroleum Marketers Association of Nigeria battled once more over the…
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