Electricity supply fails despite 231% tariff increase for band A consumers
In just less than a week after Nigeria’s Electricity Regulatory Commission increased the electricity tariff by 231 per cent for category A…
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Wigwe: Ogunbajos sue US helicopter company over ex-NGX chairman’s death
The family of the late former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, who tragically lost his life in a Southern…
10 banks operating expenses to hit N3trn
The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the…
AI will be smarter by humans next year – Elon Musk
Tesla CEO Elon Musk made bold predictions about the advancement of artificial intelligence. Musk stated that he anticipated the development of AI…
CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria has made another move in its efforts to stabilize the foreign exchange market by announcing the resumption…
Nigeria receives $2.3bn Siemens power project transformers
Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister…
Bankers worry over 12,000 job losses
The Nigeria Labour Congress, NLC, and the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, have raised concerns over…
Abuja light rail project 97% complete – Wike
The Minister for the Federal Capital Territory, Mr. Nyesom Wike, has announced that the Abuja Rail Mass Transit project is on the…
Long queues resurface at filling stations as marketers blame supply hitch
Long queues at gas stations in Lagos and Ogun began to form again, causing concern about the imminent scarcity of fuel. Petroleum…
Dangote Sugar backward integration projects expanded with 120,000ha land
Dangote Sugar Refinery has drawn up its master plan to ensure that Nigeria achieves its broad national sugar objectives, in addition to…
Top ten crypto billionaires in 2024
The crypto winter has officially come to an end, marking a significant turnaround for the cryptocurrency market. Bitcoin, the flagship cryptocurrency, has…
Top ten richest women in the world 2024
A rising trend is observed among women making strides on Forbes’ World Billionaires list, with their representation increasing gradually. In 2024, 369…