Minister for Power, Adebayo Adelabu has announced that the African Development Bank has pledged to disburse a previously approved $250 million fund for the Nigeria Electrification Project (NEP) under the Rural Electrification Agency (REA) to tackle the energy crisis. The…
The National Bureau of Statistics has announced how Nigeria’s food prices fared for July. The NBS recently disclosed this in its ‘Selected Food Watch (July 2023)’. The average price of boneless meat increased by 30.17 per cent to N2,758.13 per…
By Ismail Azeez, Osogbo The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, on Thursday said Nigeria is the second least country in the world in terms of revenue to Gross Domestic Product (GDP) ratio. Bagudu disclosed this at…
By Matthew Denis The Acting Comptroller General of Nigeria Customs Service (NIS), Bashir Adewale Adeniyi has tasked the Association of Nigeria Licensed Customs Agents (ANLCA) on law abiding to collaborate with officers while carrying out the legitimate duties. Adewale stated…
By Seun Ibiyemi Fidelity Bank Plc has announced the completion of the acquisition of a 100 per cent stake in Union Bank Plc on Wednesday. This was disclosed via a press release statement sent to Nigeria Exchange Limited (NGX). Fidelity…
The 7th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened in Korea’s second-largest city, Busan, on Wednesday with a strong call for additional resources to help African countries achieve universal access to energy and transform the continent into the breadbasket of…
By Matthew Denis The Nigerian Society of Engineers (NSE) on Wednesday launched a smart Innovation Hub with the target of bringing forth the principles and applications of SMART OFFICE in Nigeria. Speaking during the event, President of The Nigerian Society…
Olaseinde Gbenga, Abuja The Permanent Secretary, Federal Ministry of Agriculture and Food Security, Dr. Ernest Umakhihe has called for the strengthening of bilateral relations with the Ireland Government in the area of Agriculture to boost food and Nutrition Security in…
…As FG moves to decongest ports The Cargo train moving from Apapa to Ibadan has commenced daily operations yesterday. The Managing Director, Nigerian Railway Corporation, Mr Fidet Okhiria, said the wagon would carry 30 freights of containerised cargo on a…
The new Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has charged the management team to commit fully to the new direction being charted for the agency. Halilu stated this Monday, as…
