The National Bureau of Statistics (NBS) says the average retail price of a litre of kerosene increased from N1,439.64 recorded in April 2024 to N1,450.35 in May 2024. The Bureau said this in its Kerosene Price Watch for May 2024,…
Gov. Alex Otti of Abia has appointed MrUkohaUkoha as his new Chief Press Secretary. The Commissioner for Information and Culture, MrOkeyKanu, stated this on Wednesday during a press briefing on the outcome of the State Executive Council meeting in Umuahia.…
By Esther Agbo Lagos is no doubt one of the bustling commercial states in Nigeria and it stands as a beacon of opportunity for real estate investors. Its dynamic market is deeply entwined with the broader economic and political landscape…
By Opeyemi Abdulsalam Tapswap, a popular tap-2-earn app, powered by TON Blockchain, says it has indefinitely postponed the token allocation to its users. A Tapswap head of communications, John Robbin, said this on an X (formerly Twitter) space on Wednesday.…
The Nigerian Electricity Regulatory Commission has approved a deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. The directive, said to have been issued further to the Commission’s Order No. NERC/2024/044 on the…
The Nigeria Employers’ Consultative Association (NECA) says it is preparing a platform for ensuring an opportunity for government to interact with organised businesses for rewarding economic reforms. NECA Director-General Adewale-Smatt Oyerinde made this known at a news conference on Wednesday…
The equities market resumed from the Eid-El-Kabir holiday with investors losing N47 billion at the end of trading session on Wednesday. This followed a dip in the share price of stocks like Caverton, ABC Transport, and NB amongst others on…
By Seun Ibiyemi Chief Operating Officer of Lekki Port, Laurence Smith, has called on government agencies operating in Nigerian ports to develop a long-term strategy for multimodal cargo evacuation. Speaking at a Maritime Conference in Lagos, Smith emphasised the importance…
Twenty-eight grid-connected electricity generation plants across the country generated a total of 3,171GWh of electricity in May 2024, a 12 percent increase from 2,833GWh generated in April 2024, according to the Nigerian Electricity Regulatory Commission, NERC. According to NERC, these…
By Adeyanju Esther Abdulateef Olasunkanmi and Sunday Morice, both 28, were arraigned before an Ota Magistrates’ Court in Ogun State on Wednesday for allegedly stealing a cell phone worth N139,000 and assaulting the owner, Zinsu Joseph. The prosecution, led by…
