Category: News

Nigeria loses N636bn in oil revenue as production declines

Nigeria’s monthly oil outputs have been consistently low since January 2024, resulting in a revenue...

AKK Pipeline Project to be ready in 2025 Q1 – Kyari

The Nigerian National Petroleum Company Limited said on Friday that the 614-kilometre Ajaokuta-Kaduna-Kano Gas Pipeline...

FG allocates N21bn for provision of free meters

The Federal Government has allocated N21 billion for the Presidential Metering Initiative, which aims to...

N500bn recapitalisation: SEC outlines guidelines for banks

The Securities and Exchange Commission has released a framework to facilitate the Central Bank of...

Customs modernisation to promote faster cargo clearance – Master Mariner

The Nigerian Association of Master Mariners has stated that the Federal Government’s Trade Modernisation Project...

Nigeria’s FX reserves hits three-month peak

Nigeria’s foreign exchange reserves have soared to their highest level since March 28, 2024, marking...

NERC approves N21bn for free meters to Nigerians

The Nigerian Electricity Regulatory Commission has sanctioned a substantial allocation of N21 billion for the...

AI transforms Ukrainian into Russian for sales in China

Alex  Omenye A University of Pennsylvania student, Olga Loiek, sought an online audience—but not the...

Court adjourns GTB Vs Afex contempt suit to June 27

The Federal High Court in Lagos, on Thursday, scheduled a hearing for June 27, 2024,...

Hacker group Anonymous threatens Kenyan MPs over finance bill

One week after the phone numbers of Kenyan government officials were leaked online, the hacker...

Fidelity Bank launch N127bn capital raise

Fidelity Bank Plc launched its N127.10 billion rights issue and public offer on Thursday, becoming...

FG begins N2.7tn subsidy debt probe

The federal government has commenced the scheduled audit of the N2.7 trillion gasoline subsidy claim...