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Business and Economy

Chevron Expands Oil Exploration and Drilling Plans in Nigeria and Other African Nations

By Abigail Philip David Chevron Corporation has announced an expansion of its oil exploration activities in key African oil-producing nations, including Nigeria and Angola,...

FG Terminates Julius Berger’s Abuja-Kaduna Road Contract

By   Milcah   Tanimu The Federal Government has terminated Julius Berger's contract for the Abuja-Kaduna road rehabilitation. This decision comes due to the company’s non-compliance with...

Nigeria’s Economy Poised for New Investments, Says Finance Minister

Nigeria's economy has reached a pivotal moment, positioning itself to attract new investments, according to Mr. Wale Edun, the Minister of Finance and Coordinating...

Nigerian Telecom Sector Faces Crisis Amid Economic Challenges

By   Milcah   Tanimu As Nigeria’s economy grapples with inflation, high foreign exchange rates, and rising operational costs, the telecommunications sector appears overlooked. Despite its critical...

Tinubu Deserves Credit for Subsidy Removal, Says Adviser

By   MIlcah   Tanimu President Bola Tinubu's Special Adviser on Public Communications and Orientation, Sunday Dare, has commended him for his commitment to reform, specifically the...

Cash Transfer: 25 Million Nigerians Receive ₦25,000 Amid Economic Reforms

By   Milcah   Tanimu Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, announced on Thursday that 25 million Nigerians have received...

Nigeria Secures N2.8bn Grant from Google for AI Development

By   Milcah   Tanimu The Nigerian federal government has received a N2.8 billion grant from Google to promote AI development and digital skills in the country....

Major Marketers Reassure Public on Fuel Availability, Urge Against Panic Buying

Major petroleum marketers in Nigeria are assuring the public of ample petrol supply, urging consumers to avoid panic buying amid recent concerns over...

MTN Reports N4.1bn Q3 Profit, but Nine-Month Losses Overshadow Gains

MTN Nigeria has announced a profit after tax of N4.1 billion for the third quarter ending in September 2024, showing modest progress amidst challenging...

NLC Pledges Support for Nigerian Nurses Amid Economic Hardship

By   Milcah  Tanimu The Nigeria Labour Congress (NLC) president, Joe Ajaero, has reiterated the union's commitment to stand with Nigerian nurses during challenging economic times....

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