Blog

Kaduna Electric increases tariff to N209.5/kWh for Band A customers

Kaduna Electric has announced a tariff hike for Band A feeders, raising the rate from N206.80/kwh to N209.5/kwh beginning July 1, 2024. In an official statement, Kaduna Electric affirmed the tariff adjustment for Band A feeders, which increased the cost from N206.80/kwh to N209.5/kwh. This was disclosed in a statement by the Head of Corporate […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
24 Views

Uncategorized

Analyst express worry over Nigeria’s FDI decline

The Chief Executive Officer, The CFG Advisory, Mr. Tilewa Adebajo, has voiced concern over the reduction in foreign direct investment which has reached an all-time low of less than $1 billion. Nigeria’s debt repayment now exceeds its recurrent and capital expenditures. This was disclosed by Adebajo while speaking on the topic, ‘Nigeria’s Fiscal Environment in […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
9 Views

News

Nigerians spent ₦16tn on generators, fuel in 2023 – Power minister

The Federal Government has said Nigerians spent N16.5 trillion in 2023 on fuel, petrol, and generators for self-generation of power. This dwarfs the N1 trillion in income generated by the formal electricity sector in the same year. This was disclosed by the minister of Power, Adebayo Adelabu at the ongoing 2024 Nigeria Oil and Gas […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
34 Views

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

News

Lagos, Ogun, Kano top Nigeria’s mobile subscriptions in Q1 2024 – NBS

The latest telecommunications data issued by the National Bureau of Statistics shows that three states, Lagos, Ogun, and Kano, accounted for 23% of the country’s total active mobile subscriptions in Q1 2024. According to the NBS, total active mobile subscriptions in Nigeria at the end of the first quarter were 219.3 million, a 3.3% decrease […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
16 Views

News

NECA supports FG’s zero tariff for pharmaceutical sector

The Nigeria Employers’ Consultative Association has praised the Federal Government for issuing a new Executive Order establishing zero tariffs, duties, and value-added tax for pharmaceutical products. It was revealed on Friday that President Bola Tinubu had signed an Executive Order introducing zero tariffs, Excise Duties and VAT on some pharmaceutical raw materials and specialised pharmaceutic […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
19 Views

News

Probe promotion stagnation in civil service, lawmakers urge FG

The House of Representatives has requested that the Federal Government investigate the alleged stagnation of civil service promotion between 2013 and 2023 to ensure efficient and effective public service delivery. The House took the decision sequel to the adoption of a motion moved by the member representing Ijumu/Kabba-Bunu Federal Constituency, Kogi State, Mr. Salman Idris […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
31 Views

News

Meta to integrate generative AI into VR, AR metaverse games

Meta is planning to enhance its virtual reality, augmented reality, and mixed reality games with generative AI technology as part of an effort to revitalize its metaverse strategy. According to a recent job listing, Meta is looking to research and prototype “new consumer experiences” through gameplay driven by generative AI. These games would feature elements […]

aomenyepdnlimited-com
3rd July 2024
0 Comments
32 Views

Indian social media platform Koo shuts down

Indian social media platform Koo is discontinuing its services, according to a social media post by its top executives. “Our partnership talks fell through and we will be discontinuing our service to the public,” read a LinkedIn post from CEO Aprameya Radhakrishna and co-founder Mayank Bidawatka. The platform, launched in 2020, faced a dearth of […]

aomenyepdnlimited-com
3rd July 2024
0 Comments
23 Views

News

China dominates AI patents, outpaces US – UN data

China leads the world in generative AI inventions, filing six times more patents than its closest competitor, the United States, according to U.N. data released on Wednesday. Generative AI, which can create text, images, computer code, and music from existing information, is experiencing explosive growth. Over the past decade, more than 50,000 patent applications have […]

aomenyepdnlimited-com
3rd July 2024
0 Comments
24 Views

News

Nigerian receives N7.5m in rewards after returning $14K mistakenly credited to him

A Nigerian youth, Anjola Femi, has become the subject of widespread admiration after returning $14,000 (over N21 million) that was mistakenly credited to his account by a foreign crypto trader attempting to send him a giveaway prize. Upon realizing the error, the crypto trader, identified as @raffayalvi, immediately contacted Anjola to inform him of the […]

aomenyepdnlimited-com
3rd July 2024
0 Comments
21 Views

Foreign travellers to price tickets N770/$1 from N663/$1

News

Hajj operators involve FG, demand N296m ticket refund from Qatar Airways

The continuing dispute between 13 travel agents and Qatar Airways has taken a new turn after the agents wrote a letter to Minister of Aviation and Aerospace Development, Festus Keyamo pleading for his swift intervention.The continuing dispute between 13 travel agents and Qatar Airways has taken a new turn after the agents wrote a letter […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
22 Views

Declare war on crude oil supply, producers tell Tinubu

The Independent Petroleum Producers Group has urged President Bola Tinubu to declare a state of emergency for crude oil production in Nigeria due to the lingering crisis, as concerns grow about a lack of domestic crude oil for the Dangote Petroleum Refinery and other indigenous refiners. IPPG disclosed this at the ongoing Nigeria Oil and […]

monwubukepdnlimited-com
3rd July 2024
0 Comments
24 Views

Mamuda Beverages invests $50m in new industrial facility

Nigeria ships first Obodo crude blend, says NUPRC

UK unveils major visa overhaul to cut legal

BUA cement announces revised date for ₦2.05 dividend

Contact Info

Some Populer Post

NIMC cuts extortion, corruption by 40% – DG

Airtel Africa begins second round of $100m share buy-back

Experts say Silicon Valley prioritizes profits over AI research,

Oil companies owe Nigeria $6bn in unpaid taxes —

Kaduna Electric increases tariff to N209.5/kWh for Band A customers

Analyst express worry over Nigeria’s FDI decline

Nigerians spent ₦16tn on generators, fuel in 2023 – Power minister

Lagos, Ogun, Kano top Nigeria’s mobile subscriptions in Q1 2024 – NBS

NECA supports FG’s zero tariff for pharmaceutical sector

Probe promotion stagnation in civil service, lawmakers urge FG

Meta to integrate generative AI into VR, AR metaverse games

China dominates AI patents, outpaces US – UN data

Nigerian receives N7.5m in rewards after returning $14K mistakenly credited to him

Hajj operators involve FG, demand N296m ticket refund from Qatar Airways

Declare war on crude oil supply, producers tell Tinubu

NIMC cuts extortion, corruption by 40% – DG

Airtel Africa begins second round of $100m share.

Experts say Silicon Valley prioritizes profits over AI.

Oil companies owe Nigeria $6bn in unpaid taxes.

Sign Up for Our Newsletter