Category: featured

Nigeria’s FX drops $505.68m in August, worst since April

Nigeria’s foreign exchange reserves saw a decline of $505.68 million, or 1.37%, in August 2024,...

High cost of training data hinders Nigeria’s AI development – Expert

The Founder of Hyperscale, the company behind Neural AI, Dr. Oluseyi Akindeinde has highlighted the...

Top 10 employers in Nigeria

The Nigerian job market is marked by a complex blend of opportunities and hurdles, continually...

Electricity consumers to spread meter payment over 10 year – Minister 

Minister of Power, Adebayo Adelabu, announced that electricity consumers receiving free prepaid meters will have...

FG to engage external auditors for NNPC subsidy claim verification 

The Federal Government has initiated the process of hiring an external auditor to verify the...

FG appoints 23 managers for $10bn Nigeria Global Investment Fund 

The Federal Government of Nigeria has appointed 23 fund managers to oversee the $10 billion...

Keyamo leads delegation to Boeing for strategic discussions

The Minister of Aviation and Aerospace Development, Festus Keyamo is leading a delegation of top...

Power sector challenges are strategic not technical – Minister 

The Minister of Power, Adedayo Adelabu, has stated that the challenges facing Nigeria’s electricity supply...

CORAN urges FG to sell NNPC refineries for modular plants

The Federal Government is being urged to sell the government-owned Port Harcourt, Warri, and Kaduna...

Nigeria Immigration confirms payment issues amid fee hike

The Nigeria Immigration Service has confirmed that its online payment platform for passport applications is...

Inflation drove Nigerians to borrow N4.82tn in Q1 2024 – CBN

Nigerians borrowed approximately N4.82 trillion from banks between January and March 2024, driven by the...

FG eyes fresh $100bn investments to tackle economic crisis

The Minister of Budget and Economic Planning, Atiku Bagudu announced on Wednesday that the Federal...