Category: News

Musk’s SpaceX plans five travels to Mars in two years

SpaceX is preparing to launch five uncrewed Starship missions to Mars within the next two...

MPC expected to lower interest rates on Tuesday

Analysts are anticipating a potential shift in the Central Bank’s hawkish stance on the benchmark...

Tariff hike looms as electricity subsidy hits N182bn

Electricity consumers on Band A feeders may soon face another tariff increase due to a...

New SEC regulation to enhance transparency in bank recapitalization

The Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, has highlighted the impact...

Middle Eastern wealth funds invest billions in hottest AI start-ups

Sovereign wealth funds from the Middle East are increasingly investing in Silicon Valley’s AI sector...

Investors sell Nigerian bonds over fears of bad governance

Nigerian bonds experienced selloffs in the second quarter of 2024, as investors began to prioritize...

Manufacturers had negative confidence in Nigeria’s August economic Outlook – CBN

Manufacturers in Nigeria demonstrated a lack of confidence in the country’s economic outlook in August...

ICT powers nearly 90% of Nigeria’s GDP – Expert

The Chief Executive Officer of Open Access Data Centre Dr. Ayotunde Coker has revealed that...

FG to implement global standards for Inflation measurement, GDP reassessment

The Federal Government is reaffirming its commitment to adopting global best practices for rebasing the...

FG initiates talks with Libya for gas pipeline project

The Nigerian government has initiated discussions with Libya for the construction of a gas pipeline...

Boeing defense chief to step down from role

The head of Boeing’s defense unit, Ted Colbert is leaving the company effective immediately, according...

FG partners Russian consortium to revive Ajaokuta steel plant

The Federal Government of Nigeria, through the Ministry of Steel Development, has signed a Memorandum...