In a significant development, Nigeria has retained its position as Africa’s largest crude oil producer, according to the Organisation of the Petroleum Exporting Countries (OPEC) report for March. Despite facing challenges and experiencing a decline [Read More!]
In a bold move to revitalize the nation’s economy and bolster its renewable energy sector, the Federal Government of Nigeria has announced plans to end the importation of photovoltaic solar panels into the country. This [Read More!]
In a shocking revelation, Lagos State Deputy Governor Obafemi Hamzat recently expressed his deep concern over a staggering increase in his electricity bill. According to him, the bill for his residence jumped dramatically from N2.7 [Read More!]
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has raised serious concerns over Nigeria’s ballooning losses from tax incentives, stating that poor data tracking and lack of accountability make it nearly [Read More!]
Nigerians are reeling — and venting — after the sudden crash of CBEX, a digital trading platform that reportedly vanished with over ₦1.3 trillion in investor funds. For many, it’s déjà vu of the MMM [Read More!]
In a momentous occasion for aviation and diplomacy, Nigeria and Trinidad and Tobago have finally inked a Bilateral Air Services Agreement (BASA) after two decades of negotiations. This groundbreaking deal is set to revolutionize air [Read More!]
Nigeria has spent more than N200 billion on importing solar panels in recent years. This was shared by Abba Aliyu, the CEO of the Rural Electrification Agency (REA), during a roundtable with the Lagos State [Read More!]
In a promising development for Nigeria’s economy, the Central Bank of Nigeria (CBN) has announced a significant $6.83 billion balance of payments surplus in the first quarter of 2024. This milestone is a testament to [Read More!]
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