Nigeria’s foreign reserves have surpassed the $40 billion mark for the first time in nearly three years, marking a significant milestone in the country’s economic recovery efforts. The Governor of
The Nigeria Security and Civil Defence Corps on Sunday warned the Nigeria Labour Congress against its planned March 1 shutdown of telecommunication services in response to the recent 50 per
In a bold step towards securing Africa’s maritime domain, President Bola Ahmed Tinubu has urged the African Union Peace and Security Council (AUPSC) to establish a Combined Maritime Task Force to safeguard
Nigeria has finally met the quota set for it by the Organisation of the Petroleum Exporting Countries, a report by the Nigerian Upstream Petroleum Regulatory Commission has shown. In January,
The South West Governors’ Forum, comprising the governors of Lagos, Ogun, Oyo, Osun, Ekiti, and Ondo states, has agreed to establish a joint security surveillance to tackle terrorists under the
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,560 per dollar on Tuesday.But the Naira appreciated to N1,513 per dollar in the
Electricity consumers have expressed concerns following the collapse of the national grid on Wednesday. Consumers were worried that the grid collapsed at a time when the government was planning to
The much-awaited Africa Energy Bank will commence operations in March 2025, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated. Lokpobiri stated this yesterday at the opening
Nigeria’s largest telecom operator, MTN, has commenced the gradual implementation of a 50 per cent tariff increase approved by the Nigerian Communications Commission in January. The adjustment, which is evident
Nigeria has received approximately $52 billion in trade and development financing from the African Export-Import Bank (Afreximbank), making it the bank’s largest beneficiary across Africa. The President and Chairman of the
