Category: News

Nigeria’s unemployment rate rises by 0.8% in Q3 2023

“In Q3 2023, the unemployment rate rose to 5.0%, a considerable increase. It was stated...

Abuja DisCo demands N41.7bn debt payment from 86 MDAs

Eighty-six Federal Ministries, Departments, and Agencies have received a ten-day notice from Abuja Electricity Distribution Plc...

No fraud found in Nigerian unit, says Olam Group

Singapore’s Olam Group has addressed concerns by announcing that its investigation team found no evidence...

Manufacturers, importers to stop supplying drugs to Kano market

The Pharmaceutical Council of Nigeria and the National Agency for Food and Drug Administration and Control...

NBS names three countries with highest capital investment in Nigeria

In the fourth quarter of 2023, the National Bureau of Statistics reported that the United...

FG reopens Lagos airport runway after 11-month repairs

The Federal Airports Authority of Nigeria has reopened the 3.9km Runway 18R/36L of the Murtala...

2023 AFCON: CAF to hit $75m estimated revenue

This edition of AFCON lived up to expectations, fulfilling CAF President Patrice Motsepe’s optimism expressed...

Naira closes at N1,537.96/$1 amid decline

The Naira witnessed a decline against the US Dollar in the official market, closing the...

NLC declares two-day warning strike

The leadership of the Nigeria Labour Congress has declared a two-day nationwide mass protest planned...

Cement price skyrockets to N15,000 in Abuja

The price of a 50 kg bag of cement in the Federal Capital Territory has...

Operators push for improved tax administration

Governments at all levels have been tasked by tax practitioners to enhance their tax administration...

Pelican Valley trains Ogun corps members on entrepreneurship

Chief executive officer of Pelican Valley, Babatunde Adeyemo, has counselled National Youth Service Corps participants...