$5bn Africa Energy Bank to begin operations in 2025
The Federal Government has confirmed that the highly anticipated $5 billion Africa Energy Bank will begin operations on January 28, 2025. This…
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Vessels with 40.76m litres of petrol, other goods arrive Nigeria
The Nigerian Ports Authority announced the arrival of two vessels carrying a total of 40,766,400 litres of Premium Motor Spirit at Tincan…
33m Nigerians may face food crisis in 2025 — Report
The Cadre Harmonisé Report for October has projected that at least 33.1 million people in 26 states and the FCT will face…
Court orders forfeiture of $2.045m in assets from Emefiele
A Federal High Court in Lagos has ordered the permanent forfeiture of $2.045 million, multiple luxury properties, and two share certificates belonging…
FG unveils new chicken, crop breeds to boost food production
Federal Government has introduced new chicken breeds, Noiler and Cobb 500, and high-yield crop varieties. This was disclosed at the 34th National…
Lagos startup accelerator Techstars shuts down after two years
Alex Odense Two years after its highly anticipated launch, the ARM Labs Lagos Techstars Accelerator, known as Techstars Lagos, has closed its…
Ongoing recruitment: How to apply for FIRS jobs
The Federal Inland Revenue Service has announced the opening of its recruitment portal for tax officer positions, stating that applications would commence…
EU, FG ink €17.9m power deal
The Federal Government in a significant move to enhance energy access in Nigeria, has formalized an agreement with the European Union and…
FG, Google partner to unlock Nigeria’s AI potential
The Federal Ministry of Communications, Innovation, and Digital Economy, in partnership with Google, has announced the 10 startups selected for the N100…
IMF approves $606m loan for Kenya
The International Monetary Fund said it had cleared $606 million in lending to Kenya as it struggles to pay off debts and…
Gas shortage: Transcorp Power to generate additional 150MW electricity
Transcorp Group’s Group Chief Executive Officer, Mrs. Owen Omogiafo, announced that Transcorp Power is working to generate an additional 150 megawatts of…
FG warns business owners against manipulating prices
The Federal Competition and Consumer Protection Commission has raised concerns about a ‘cartel’ manipulating market prices across the country, leading to inflated…