Naira down to N1,570/$ in parallel market
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
Power grid collapses amid plan to hike tariffs
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
Africa Energy Bank ready next month – Minister
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
MTN implements 50% tariff hike, raises data prices
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 receives $52bn as Afreximbank’s largest beneficiary
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
Dangote Peugeot begins 3008 GT assembly in Kaduna
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has commenced the assembly of the GT model of the Peugeot 3008 at its Kaduna plant as the automaker concludes arrangements to introduce the Peugeot
Court adjourns indefinitely as Kanu demands case transfer to S’East
The Federal High Court in Abuja, on Monday, indefinitely adjourned the trial of the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, after he reiterated his refusal to
800 surrendered B’Haram’s militants undergoing deradicalisation — DHQ
The Defence Headquarters has revealed that 800 former Boko Haram fighters who voluntarily surrendered to the military are currently undergoing deradicalisation as part of efforts to reintegrate them into society.
Saudi Arabia limits visas for travellers from Nigeria, 13 other countries
The change, which has already come into effect this month, is directed at curbing unauthorized Hajj pilgrimages and ensuring the safety of those attending the religious event. Travellers from these
Late Herbert Wigwe, a builder of institutions, lives — Tinubu, Macron, others
By Babajide Komolafe President Bola Tinubu, his French counterpart, Emmanuel Macron, former President Olusegun Obasanjo and other dignitaries yesterday honoured the memory of the late MD/CEO of Access Corporation, Herbert