FG demands businesses, households metered before 2030
The Minister of Power, Adebayo Adelabu says President Bola Tinubu has directed that all industries, businesses, homes, and institutions be metered within…
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CBN remittance inflows hits $553m in July
The Central Bank of Nigeria has disclosed a 130% increase in remittance inflows, with the figure reaching $553 million in July 2024.…
FG pays NNPC to sell PMS at half price of landing cost – CFO
The Chief Financial Officer of the Nigeria National Petroleum Company Ltd, Alhaji Umar Ajiya has revealed that the government compensates the company…
Crude oil sales to Dangote, others to begin October — Minister
The Federal Government has announced that sales of crude oil to Dangote Refinery and other local refineries will commence on October 1,…
Queues at filling stations to disappear Wednesday – NNPCL
Nigerian National Petroleum Company Limited has promised to end the queues for Premium Motor Spirit, popularly called petrol, by Wednesday, as the…
Telcos face investment decline amid dwindling economy
Nigeria’s Telecommunication industry is suffering from a significant drop in investment as the country’s deteriorating economic realities keep the sector under strain.…
FG launches national broadband alliance
The Federal Government has unveiled the National Broadband Alliance for the country, an initiative to expedite the country’s digital transformation and promote…
Nigeria to stop overreliance on imported equipment in power sector
The Minister of Power, Adebayo Adelabu has placed a strong emphasis on growing local content and decreasing dependency on imported power equipment…
FG accuses Zhongshan of fraud over seized presidential aircrafts
The presidency has accused Zhongshan of fraud, alleging that it deceived a Paris court in order to seize Nigeria’s diplomatic immunity-protected assets.…
NNPC seizes 63 illegal refineries in one week
The Nigerian National Petroleum Company Limited has stated that 63 more illegal refineries were discovered and confiscated in the previous week. It…
Nollywood ranked 10th fastest growing movie industry globally
Nigerian Nollywood Industry has been named the number ten fastest-growing movie industry in the world. Nollywood movies, which tackle issues like corruption…
Filling stations shut as fuel shortages at depot persists
Nigerians are still grappling to buy Premium Motor Spirit, also known as petrol, as depots continue to face fuel shortages. Findings showed…