…Urges Nigeria to harness crude oil reserves for socio-economic growth Oando Energy Resources has said that with widespread poverty, Africa cannot afford a quick transition to renewable energy, stressing that Nigeria should vigorously harness its vast crude oil reserves to…
Group Managing Director (GMD), Techno Oil Limited, Mrs Nkechi Obi, has urged the Federal Government of Nigeria to reverse its policies on the importation of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) cylinders. Obi made her appeal known during…
Nigeria’s debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration. According to an analysis of data from the Debt Management Office (DMO), the debt rose from $14.51 billion at the end of the second…
Galaxy Back bone Limited is set to deliver Internet connectivity across 265 schools and provide data centre services in Enugu. This was disclosed during a visit by the Galaxy Backbone Limited team led by Hon. Olusegun Olulade, Executive Director, Customer…
By Seye Abodunrin One of the greatest challenges facing Nigeria since independence is shortage of infrastructural development, especially the issue of deplorable road network. Many of those roads and bridges that were built by the colonial administration and military regime…
…As investors lose N20.75bn as equities market crumble in one week The Nigerian equities market closed the week on a negative note as investors lost N23 billion at the close of trading on Friday. This followed the dip in the…
As the country grapples with the menacing threat of terrorism and banditry, a more sinister danger lurks in the shadows — food insecurity. The recent surge in violent attacks in states like Benue, Niger, Plateau, Kaduna, and Zamfara has not…
By Seun Ibiyemi The government has collected a total of N78.95 billion from the N50 levy imposed on electronic bank transfers within the first five months of 2024. Analysis of the Federal Allocation Accounts Committee report released by the National…
By Esther Agbo Nigeria’s foreign exchange reserves have climbed to $34.7 billion, as per data from the Central Bank of Nigeria’s website on Sunday. This marks a $110 million increase from the previous day’s figure of $34.5 billion. Over the…
Former president of the Nigeria Labour Congress, Comrade Takai Shamang, has been abducted in his hometown, Biniki, in the Kaura Local Government Area of Kaduna State. Shamang, 78, was also a former president general of the National Union of Electricity and…
