Category: featured

Keyamo reaffirms Nigeria’s commitment to global aviation standards

Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated Nigeria’s dedication to upholding top-tier...

FG to settle N2tn GenCos debt by December

The Minister of Power, Adebayo Adelabu, has revealed that the federal government plans to pay...

Snapchat would have grown faster under Meta – Zuckerberg

Meta CEO Mark Zuckerberg testified this week that Snapchat could have seen faster growth if...

Nigeria slashes electricity export to Niger Republic

The Federal Government has cut electricity supply to the Junta-led Niger Republic by 42%, reducing...

FG launches labour empowerment program, eyes 2.5 million jobs

The Federal Government launched the Labour Employment and Empowerment Programme on Tuesday, with a goal...

Federation account allocation drops for third consecutive month to N1.57tn

The Federation Account Allocation Committee has reported a continued decline in monthly disbursements, with ₦1.578...

FG races to address GenCos’ N4tn debt

The Minister of Power has pledged to tackle the N4 trillion electricity debt owed to...

GenCos warn of imminent power crisis as debts exceed N4tn

The 23 power generation companies in Nigeria have raised the alarm that they can no...

NMDPRA slashes electricity GenCos gas price amid mounting ₦2trn debt

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has reduced the price of natural gas...

UN faces financial crisis, cuts workforce in Nigeria, eight other nations

The United Nations Office for the Coordination of Humanitarian Affairs is set to cut its...

Fitch upgrades Nigeria’s rating to ‘B’ amid reform push

Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating from ‘B-’ to ‘B’ and...

JP Morgan warns investors, raises concerns over Nigeria’s economic stability

J.P. Morgan has advised investors to exit long positions in Nigerian Open Market Operation bills,...

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