FG targets 150MW boost to national grid by year-end – Minister
The Federal Government of Nigeria has announced plans to increase the country’s electricity supply by an additional 150 megawatts before the end…
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Blackout looms as national grid collapses 12th time in 2024
Many parts of Nigeria have been plunged into darkness following the 12th national grid collapse this year. In a message to customers,…
Blackout looms as NMDPRA halts gas supply to GenCos
Nigeria is facing a potential electricity blackout as the Nigerian Midstream and Downstream Petroleum Regulatory Authority has instructed gas producers to stop…
US offers $10m bounty for wanted Chinese hacker, accomplices
The United States government on Tuesday announced a $10 million reward for information leading to the arrest of Guan Tianfeng, a Chinese…
Naira falls to N1,745 against dollar
The exchange rate between the naira and the dollar dropped to around N1,745/$1 on the parallel market, marking a sharp decline from…
Honda halts funding for GM’s autonomous car project
Honda Motor Co. has decided to halt funding its joint project with General Motors Co. to develop autonomous vehicles. This decision follows…
IATA projects $1tn revenue, record passenger numbers by 2025
The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion, alongside record passenger numbers. However, IATA’s chief,…
Tinubu names Ogunjimi acting Accountant General of the Federation
President Bola Ahmed Tinubu has appointed Mr. Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation. This was disclosed in…
Caverton, Naval Dockyard sign shipbuilding agreement
Caverton Marine Limited has entered into a shipbuilding agreement with Dockyard Limited, marking a key milestone in the development of Nigeria’s marine…
Nuhu moves to leave NCAA amid battle for DG position
The Director-General of the Nigeria Civil Aviation Authority, Musa Nuhu, has submitted his terminal leave letter to the Ministry of Aviation and…
Bank directors urge tax reforms committee to prioritize collaboration
The Bank Directors Association of Nigeria has urged the Presidential Fiscal Policy and Tax Reforms Committee to maintain open communication and collaboration…
US Consulate introduces new two-visit requirements for visa applicants
Immigrant visa applicants with interviews scheduled at the U.S. Consulate in Lagos will now be required to visit the consulate twice as…