Category: News

Adesina outlines key recommendations for strengthening African economies at UNGA

The African Development Bank President, Akinwunmi Adesina has outlined several recommendations for the international community...

Exchange rate for customs duties drops to N1,637/$

The exchange rate for customs duties collection has decreased to N1,637 per USD, down from...

Nigeria not among heavily indebted developing nations – Yusuf Tuggar

The Minister of Foreign Affairs, Yusuf Tuggar, has said that Nigeria’s debt-to-GDP ratio suggests the...

BVN enrollment hits 63.4m amid regulatory push

The number of Bank Verification Number enrollments by bank account holders in Nigeria has seen...

ByteDance sources AI chips from Huawei amid US export ban

TikTok’s parent company, ByteDance, is shifting its AI chip sourcing to domestic supplier Huawei Technologies,...

Spotify restores service after brief outage

Audio streaming platform Spotify on Sunday, experienced a significant outage that lasted approximately three hours,...

How Nigeria can hit $1tn economy – BOI

The Bank of Industry has stressed the importance of enhancing Nigeria’s production capacity to reach...

FG’s debt to CBN increases by over N11tn

The Central Bank of Nigeria announced that credit to the Federal Government rose by N11.33...

Consumers oppose minister’s claim of 20-hour daily power supply

Electricity Consumer Protection Advocacy Centre has voiced strong opposition to the Ministry of Power’s assertion...

Dangote to transport refined products by sea — Official

The Dangote Group announced plans to transport refined petroleum products by sea. This was disclosed...

40% of Nigerians now enjoy 20 hours of daily electricity – Minister 

The Minister of Power, Adebayo Adelabu, has announced that more than 40% of Nigerians are...

Lokpobiri reveals Wike’s pivotal role in his appointment as minister

The Minister of State for Petroleum Resources, Heineken Lokpobiri has shared insights into the role...