NGX loses N58bn after seven-day rally
The Nigerian Exchange Limited's market capitalisation dropped by N58 billion on Tuesday, bringing it to N28.475tn and ending a seven-day rally. According to The Punch, the NGX's All-Share Index also…
Ford set to reduce electric Mustang Mach-E price
Ford has announced that it will reduce the cost of its Mustang Mach-E by a range of $1,000 to $4,000. The reductions will result in the vehicle's starting price falling between $42,995 and…
Buhari re-appoints Dabiri-Erewa as NIDCOM chairman
Juliet Buna The President Major General Muhammadu Buhari (retd.), has reappointed Abike Dabiri-Erewa for a second term as the Chairman of Nigerians in Diaspora Commission. According to Channels Tv, her…
Benue ethanol company establishes pollution treatment facility
A cutting-edge Effluent Treatment Plant has been erected by Pure Biotech Company Limited, an ethanol company, to stop wastewater contamination of the Benue River from happening again. The News Agency of…
NCC commences 600 youths ICT training
The Nigerian Communications Commission has started nationwide ICT training for a new group of 600 youths to prepare them for the modern digital age. The News Agency of Nigeria reported…
Nigeria army owes Kaduna distribution company huge debt – KAEDCO
The Kebbi state branch office of Kaduna Electricity Distribution Company revealed that the Nigeria Army Barracks, Birnin Kebbi owes the firm a huge amount that has yet to be settled.…
May Day: Benue workers demand payment of outstanding wages
The chairman of the Benue Nigeria Labour Congress, Terungwa Igbe, requested that the state government pay all back wages and pensions owed to employees. The Punch reported that Igbe, who…
Sub-saharan Africa risks losing $10bn in foreign investment — IMF
The International Monetary Fund has warned that if geopolitical tension persists, sub-Saharan African nations could lose $10 billion in foreign direct investments as well as market access. Nairametrics reported that according to IMF, in…
Aba power restored after 10-days disconnection from national grid
Aba Power was reconnected to the national transmission grid on Monday after being disconnected for 10 days due to inability to pay the government firm that transfers power. According to…
Economy development necessary for Nigeria’s pension growth – Experts
Experts at FBNQuest have said that strong economic growth and the creation of jobs will be necessary for Nigeria’s anticipated pension sector penetration and growth. According to BusinessDay, they…
May Day: Your fight will be my fight, Tinubu tells Nigerians
Bola Ahmed Tinubu, the incoming president of Nigeria, has vowed to fight for Nigerians and implement a decent wage for employees in the country. "I will always fight for you, so your…
Nigeria’s industrial employment dropped 21% in 2022 – MAN
The manufacturing industry in Nigeria, Manufacturers Association of Nigeria, experienced a fall in direct employment creation of 20.8 per cent in the second half of 2022. According to MAN’s most…
