Category: News

Coups, poverty, unemployment affect Africa in global trade – Report

By Melvin Onwubuke   Africa’s contribution to global trade remains at less than 3%, according...

Nigeria gets $134m AfDB aid to plant rice, other crops

Nigeria is set to receive $134 million from the African Development Bank to assist the...

Looted warehouse in Abuja not ours – NEMA

Contrary to what certain media outlets had said, NEMA does not own the warehouse that...

Dangote Sugar loses N172bn in forex, ends 2023 with N108.9bn loss

Melvin Onwubuke Dangote Sugar Refinery Plc has reported a loss before tax of N108.92 billion...

92 million Nigerians without access to electricity – FG

Melvin Onwubuke The Federal Government stated on Friday that, there are about 92 million Nigerians,...

NGX Group reports N5.2bn after tax

NGX Group Plc has released its full-year 2023 financial results, revealing a profit after tax...

FG to begin Port Harcourt-Aba rail service March

The Federal Government announced plans to commence train services on the Port Harcourt to Aba...

Nigeria seeks World Bank COVID-19 loan extension

The Nigerian government has officially requested an extension from the World Bank for the deadline...

JUST IN: CBN revokes operational licenses of 4,173 BDCs

The Central Bank of Nigeria, in exercise of the powers conferred on it under the...

MTN Nigeria Plc reports first loss since listing

MTN Nigeria Plc reported their first loss before taxes of N177.8 billion, as opposed to...

Reps invite NPA, others over PPP concession mgt

The Nigerian National Petroleum Company Ltd. and the Nigerian Port Authority have received invitations from...

FG’s 10-man panel to investigate airlines over fare hike

The Nigeria Civil Aviation Authority’s CEO, Chris Najomo, has appointed a 10-member committee to investigate...