In a powerful opening to the 2024 Norman E. Borlaug International Dialogue, the president of the African Development Bank Group Dr. Akinwumi Adesina and his counterpart...
To enhance its environmental sustainability initiatives in line with global best practices, Dangote Industries Limited (DIL), has embarked on a restoration project of planting 10,000 mangrove...
Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) has received ₦2.8 billion Google grant to promote AI talent development in Nigeria. The ministry disclosed this in...
The federal government has apologised over the recent collapse of the national grid which caused power outages for several days in 17 states in the nation....
A report by the Extractive Industries Transparency Initiative, NEITI, has shown the low contribution of the nation’s solid minerals sector of 0.08 per cent to Gross...
BudgIT’s State of States’ Report for 2024 has said that the 36 state governments are owing N10 trillion debts. BudgiT is a non-profit organisation in Nigeria...
NAICOM said that it has sacked the Board and Management of African Alliance Insurance Plc, one of Nigeria’s oldest life assurance companies, following years of insolvency...
Today, the Lagos bourse shed 4bps to close at 98,023.23 points. Losses in MTNN (-4.84%), FBNH (-0.75%) and JAIZBANK (-10.00%) encountered gains in GTCO (+5.34%), ZENITHBANK...
FirstBank said it has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the...
Moody’s Ratings Agency has said that Nigerian banks hold unknown quantities of legacy exposures after the Central Bank of Nigeria’s (CBN) forbearance that was granted during...
Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+...
19 Northern state governors have expressed their strong opposition to the Federal Government’s recent Tax Reform Bill. The proposed bill shifts to a derivation-based model for...
Central Bank of Nigeria has said it is prepared to use any “tools at its disposal” to manage inflation. CBN Governor Olayemi Cardoso said this on...
The Federal Competition and Consumer Protection Commission (FCCPC) has said that it “is deeply concerned about the continuing disruptions in online banking services across Nigeria. These...
National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) collectively generated N2.43 trillion as Internally Generated Revenue (IGR)...