Tony Elumelu has highlighted significant liquidity distortions in the power sector, exemplified by Gencos’ N2 trillion debt owed by NBET.

The African Development Bank will convene in Nairobi to explore strategies for African countries to collaborate with Brazil’s G20 presidency.

Shareholders of UBA have authorised a dividend payment of N78.66 billion for the 2023 financial year.

Dangote refinery is preparing for gasoline and Euro V diesel production, aiming to meet domestic demand and enhance exports.

A former NNPC Director has revealed Nigeria’s global gas export share fell from 15% to 2%, called for sector investment.

Nigeria recorded a 2.98% GDP growth in Q1 2024 with the service sector contributing 58%

Experts have criticised the Senate’s proposed amendment of the CBN Act saying it could subject the bank to political interference.

“When Nigeria gets its acts right, Africa will get it right too,” says VP Shettima.

An NNPC subsidiary has launched an EV charging station, moving Nigeria closer to energy self-sufficiency, reduced dependence on fuel imports.

Vice President Shettima has vowed to eliminate fictitious taxes imposed by non-state actors, enhancing tax system integrity.

The National Bureau of Statistics has initiated rebasing exercises for GDP and CPI to capture Nigeria’s current economic landscape.

Tesla CEO Musk has criticised US tariff increase on Chinese electric vehicles.

The CBN has given Nigerian BDCs a six-month deadline to reapply for operating licences after setting a new licensing regime

Aviation Minister Festus Keyamo has reaffirmed the Nigerian government’s confidence in flag carrier Air Peace, and promised continued support.

About 300 passengers scheduled to travel with Turkish Airlines in Lagos on Tuesday were stranded following picketing by the NLC.

Nigeria’s Federal Government, through the Housing Ministry has commenced the construction of 1,250 housing units across Katsina, Kano, Gombe, Yobe.

About 300 passengers scheduled to travel with Turkish Airlines in Lagos on Tuesday were stranded following picketing by the NLC.

Trump’s spokesman has announced that legal action will be taken against the makers of the new Trump biopic, “The Apprentice.”

Nigeria’s Central Bank has raised interest rates for the third consecutive time.

Regfyl, a Nigerian startup specialising in Anti-Money Laundering, has won the top price at the Africa Fintech Summit in Washington.