Category: featured

LASG defends N444m SUVs, N7m diffuser expenses

The Lagos State Government has finally responded to the widely spread post disclosing budgetary purchases for 440...

Vehicle scarcity looms as sellers lament import difficulties

There are signs that the country may face a shortage of foreign-used automobiles, sometimes known...

Nigerian fintech Zazuu shuts down over lack of finance

An Africa-focused fintech, Zazuu, has formally stated that it is closing. The Punch reported that...

Smartphone prices surge 30% over high taxes – Report

Nigeria and Sub-Saharan Africa have seen a decline in smartphone adoption due to taxes and...

You’re welcome, France tells sacked OpenAI CEO Sam Altman

French digital minister, Jean-Noel Barrot has stated that the ousted OpenAI CEO Sam Altman is...

MPC to raise lending rate by 100bps – Report

There are signs that the Central Bank of Nigeria’s Monetary Policy Committee may raise its...

Stop developing new ports, ex-Shippers council boss tells FG

A former executive secretary and chief executive officer of the Nigerian Shippers Council, Hassan Bello, has counselled...

NNPCL to launch $2.8bn gas pipeline in December

The Nigerian National Petroleum Company Limited has stated that the $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline project...

FG to partner private sector on CNG production

  By Wilson Adekumola Minister of Finance and Coordinating Minister of the Economy, Wale Edun,...

AfCFTA: Intra-Africa exports to surpass $1trn by 2035 – Standard Chartered

Intra-Africa exports are expected to exceed $1 trillion by 2035 following the adoption of the...

Dangote, MTN, others suffer N918.1bn loss on currency revaluation

      Eight companies have reported a total currency revaluation loss of N918.1 billion...

NNPCL boosts TotalEnergies’ oil production to 275,000 bpd

The Nigerian National Petroleum Company Limited has restored TotalEnergies’ daily oil production back up to 275,000...