FG unveil migration control centre to monitor airports
The Federal Government has officially launched the Regular Migration Control Centre at the Nigerian Immigration Service headquarters in Sauka, Abuja, to monitor all international airports in Nigeria in real-time. Interior…
3MTT: FG to train another 90,000 youths in tech skills
The Federal Government of Nigeria has announced the selection of 90,000 new fellows for the third cohort of the 3 Million Technical Talent initiative. This program, aimed at developing in-demand…
TotalEnergies proposes measures to revive Nigeria’s oil sector
Multinational energy giant, TotalEnergies outlined five key proposals on Tuesday to help revive Nigeria's oil and gas sector, which has been struggling with underinvestment, stagnation, and declining production for over…
Nigeria’s crude output rises over 1m barrels daily
Nigeria's crude oil production rose by 35,000 barrels per day in October, reaching approximately 1.085 million bpd, as reported by the Organisation of Petroleum Exporting Countries. According to OPEC's Monthly…
28m Nigerians lack access to formal financial services – CBN
The Central Bank of Nigeria announced on Tuesday that despite a significant reduction in the country’s financial exclusion rate, from 46.3% in 2010 to 26% in 2023—over 28 million Nigerians…
Power minister inaugurates 240KW solar car park at UNN
The Minister of Power, Adebayo Adelabu, has inaugurated a N900 million solar car park at the University of Nigeria, Nsukka, Enugu State, donated by Azura Power West Africa. During the…
Electric vehicles could cut 70% maintenance costs, says Nedcomoaks DG
The Group Managing Director of Nedcomoaks Group, Dr. Ned Okonkwo, said that adopting electric vehicles could reduce vehicle maintenance costs by up to 70%. He made this disclosure during an…
FG releases 25% of pension arrears allocation
The Federal Government has released about 25 per cent of the total amount allocated for pension arrears this year, with a commitment to settle the full N88 billion earmarked for…
NCAA bans pilots from working for multiple airlines
The Nigeria Civil Aviation Authority has issued a stern warning to flight crew members, particularly pilots, regarding the practice of working for multiple airlines simultaneously with the same approved privileges,…
How Naira instability, inflation affected businesses in Oct – Report
The Nigeria Economic Summit Group in partnership with Stanbic IBTC has listed high inflation, rising interest rates, and the instability of the Naira in the foreign exchange market as contributors…
FG eyes domestic, foreign investments to boost economy
The Minister of Industry, Trade, and Investment, Jumoke Oduwole, has stated that the ministry will focus on retaining domestic investment while also attracting foreign direct investment to enhance Nigeria’s economic…
FG secures $1.2bn deal to revive aluminium smelting plant
The Federal Government has signed a $1.2 billion agreement with Chinese state-owned CNCEC to revamp a crucial gas processing plant at Ikot Abasi, Akwa Ibom State to boost Nigeria's aluminium…