Economy

FG commences 700-km Lagos-Calabar coastal highway project

The Federal Government has officially kicked off the construction of the 700-kilometer Lagos-Calabar Coastal…

African startups raise $217m funding in February 2024 – Report

African startups experienced a significant surge in funding during February 2024, raising a total…

Customs begin sale of seized food items

Nigeria Customs Service has disclosed that the Service has begun the sale of seized…

Bank of Ghana suspends GTB, FBN FX trading license

The Bank of Ghana has announced the suspension of the Foreign Exchange Trading Licences…

CBN cuts customs rate by 5.3% over continued naira appreciation

The Nigerian Customs Service has announced a 5.3% reduction in its foreign exchange rate…

FG summons AEDC, IBEDC, TCN bosses over poor electricity

The Minister of Power, Adebayo Adelabu, has summoned the Chief Executives of Abuja Electricity…

Nigeria needs $4bn to hit 2059 renewable energy target – ECN

The head of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, announced that Nigeria…

Aba power begins commercial operations weekend ahead of schedule

Aba Power Ltd, a subsidiary of Geometric Power, is set to commence commercial power…

Peter Obi commends Tinubu’s adoption of Oronsaye report

The former presidential candidate of the Labour Party in the 2023 elections, Peter Obi,…

Cooking gas price increased by 12% in one year – NBS

A recent report from the Nigerian Bureau of Statistics has revealed a 12% increase…

Reps vow to arrest CBN gov over REMITA leakages

The House of Representatives Public Accounts Committee has issued a stern summons to the…

Tinubu to commission Nigeria’s first integrated power plant today

Aba, the bustling commercial hub of Abia State, is set to make history on…

Tinubu forms economic advisory committee with Dangote, Otedola, others

In a bid to address socio-economic challenges in the nation, President Bola Tinubu has…

Wale Edun outlines FG’s plans to tackle economic hardship

The Minister of Finance and Coordinating Minister of the Economy,Wale Edun, shed light on…

CBN implements stricter rules for Bureau De Change

The Central Bank of Nigeria has unveiled new guidelines for Bureau De Change in…