Lagos plans CNG-powered buses by end of 2024
The Lagos State Government has unveiled plans to introduce compressed natural gas-powered buses for public transportation operations by the fourth quarter of…
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FG to maximise benefits of AfCFTA for Nigerian businesses
The Federal Government has stated that it will ensure that Nigerian Nigerian companies take full advantage of the African Continental Free Trade…
Minister threatens sanctions for non-performing power agencies
The Minister of Power, Adebayo Adelabu, announced on Tuesday that any director or agency in the power industry that doesn’t live up…
UAE bills Nigerians nonrefundable N688,000 for visa document verification
The United Arab Emirates government has lifted the restriction on visas for holders of Nigerian passports, although there are new requirements of…
Nigeria’s inflation surges to 34.19% in June 2024 – NBS
The National Bureau of Statistics has announced in its latest report that Nigeria’s inflation rate in June 2024 increased from 33.95% in…
NNCPL no longer owns 20% of Dangote refinery – Dangote
The Chief Executive Officer of Dangote Refinery, Aliko Dangote, revealed in a recent media briefing at the refinery that the Nigerian National…
FG grant $21m contract to meter 187 oil stations
The Federal Executive Council announced the award of a $21 million contract for the metering of 187 crude oil flow stations throughout…
German govt left with $582m worth of Bitcoin
The German government which has been a source of serious concern for the crypto industry due to its on-chain activity is currently…
Microsoft drops board observer seat at OpenAI amid antitrust scrutiny
Alex Omenye In a strategic move aimed at allaying antitrust concerns from regulators in the U.S. and UK, Microsoft has voluntarily stepped…
USAID, FG partner to reform Nigeria’s power sector
The US Agency for International Development and Nigeria’s Federal Ministry of Power signed a memorandum of understanding to ensure the country’s commitment…
Naira crashes to N1,561 at official exchange rate window
The naira depreciated significantly at the Nigerian Autonomous Foreign Exchange Market window, closing at N1,561.98/$1 on Wednesday, July 10, 2024. The naira…
Samsung launches new devices with Galaxy AI, Google Gemini
Samsung unveiled its latest iterations of foldable phones at the Unpacked 2024 event on Wednesday introducing the Galaxy Z Fold 6 and…