The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by 1.64% year-on-year (y-o-y). Data from the...
Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations....
Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home. The...
Nigeria’s gas production will likely remain flat in the second quarter of this year, the Society of Energy Editors (SEE) has projected in its Second Quarter...
Wema Bank Plc’s audited financial statements for the year that ended on December 31, 2024, revealed that gross earnings jumped to N433.43 billion. The surge is...
The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio and House Speaker Tajudeen Abbas to retract a proposed bill that seeks to...
The Lagos State government has confirmed 10 cases of diphtheria following laboratory tests carried out on 76 samples between January 1 and March 27, 2025. Commissioner...
In a landmark virtual briefing, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun presented a comprehensive update on Nigeria’s economic...
President Bola Ahmed Tinubu explained on Sunday in Abuja that his administration removed the Federal Capital Territory (FCT) from the Treasury Single Account (TSA) to expedite...
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payments to depositors of the defunct Heritage Bank with balances exceeding the insured limit of...
President Bola Tinubu has justified his appointment of Dr Bosun Tijani as Minister of Communications, Innovation, and Digital Economy. Tinubu said the appointment was a testament...
Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu have been named in the 2025 Forbes Africa billionaires list. Forbes Magazine released the list on Saturday....
President Bola Tinubu has narrated how he almost gave up on his presidential race and how a close ally, Aminu Masari, encouraged him to remain in...
Saudi Arabia and some other Gulf Arab states will celebrate the Eid al-Fitr holiday from Sunday, but other Middle Eastern countries will not observe it until...
President Bola Tinubu and Vice President Kashim Shettima, on Sunday, joined others for prayers at the National Eid ground in Abuja, as Nigerian Muslims mark the...