Lagos vows to uphold monthly rent agreement
The Special Advisor on Housing to the Lagos State Governor, Barakat Odunuga-Bakare, has revealed that the state’s monthly rental program will be…
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Saudi Arabia, Russia lead OPEC in extending oil cuts
The OPEC+ nations, led by Russia and Saudi Arabia, have agreed to extend the current voluntary cuts in oil output for a…
MTN MoMo PSB’s active wallet surges to 5.3 million in 2023
By Melvin Onwubuke MTN Nigeria has disclosed that its MoMo Payment Service Bank (PSB) attained 5.3 million active wallet users, as…
Coups, poverty, unemployment affect Africa in global trade – Report
By Melvin Onwubuke Africa’s contribution to global trade remains at less than 3%, according to Economic Commission for Africa report. The…
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 growing of vital crops such rice, maize,…
Looted warehouse in Abuja not ours – NEMA
Contrary to what certain media outlets had said, NEMA does not own the warehouse that was robbed in Abuja on Sunday. According…
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 compared to a pre-tax profit of N82.3…
92 million Nigerians without access to electricity – FG
Melvin Onwubuke The Federal Government stated on Friday that, there are about 92 million Nigerians, who do not have access to electricity…
NGX Group reports N5.2bn after tax
NGX Group Plc has released its full-year 2023 financial results, revealing a profit after tax of N5.250 billion despite economic challenges. The…
FG to begin Port Harcourt-Aba rail service March
The Federal Government announced plans to commence train services on the Port Harcourt to Aba route by the end of March, according…
Nigeria seeks World Bank COVID-19 loan extension
The Nigerian government has officially requested an extension from the World Bank for the deadline of a significant $500 million loan initially…
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 Bank and Other Financial Institutions Act 2020,…