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Business and Economy
Nigeria Supplies 24-Hour Electricity to Benin, Niger, Togo
By Milcah Tanimu
The Transmission Company of Nigeria (TCN) announced that Nigeria provides 24-hour electricity to neighboring countries, including Togo, Benin Republic, and Niger.
In an...
Nigerians Groan In Darkness As National Grid Collapses Third Time In One Week
Nigerians are facing yet another power outage as the national grid collapsed for the third time in one week. The latest collapse occurred...
FG approves N12.9bn for NHIA, NPHCDA, two others
The Federal Government has approved the release of N12.91 billion for four key health agencies: the National Health Insurance Authority (NHIA), the National...
Invest in Rivers Niger and Benue to Boost Nigeria’s Economy
By Milcah Tanimu
The federal government must invest significantly in transforming the Rivers Niger and Benue into economically viable waterways to unlock their immense potential...
Oil Production Activities Resume at OML 55
By Milcah Tanimu
Oil production activities have resumed at **Oil Mining Lease (OML) 55** in Nigeria, following sustained military efforts to combat oil theft. These...
Nigerians Turn to Opay, PalmPay, Moniepoint Amid Banks’ IT Glitches
By Milcah Tanimu
Nigerians are increasingly turning to fintech platforms like Opay, PalmPay, and Moniepoint as traditional banks struggle with ongoing technology upgrades that leave...
World Bank: Naira Among Africa’s Worst Performing Currencies
By Milcah Tanimu
The Nigerian Naira has emerged as one of Africa’s worst performing currencies in 2024, according to the World Bank's latest Africa’s Pulse...
World Bank: Nigeria Needs 15 Years of Reforms for Economic Transformation
By Milcah Tanimu
The World Bank has stated that Nigeria needs to maintain its current economic reforms for the next 10 to 15 years to...
Pains and Gains of Fuel Price Hike in Nigeria
By Milcah Tanimu
President Bola Tinubu's administration recently deregulated petrol pricing and removed subsidies. This change led the Nigerian National Petroleum Company Limited (NNPC) to...
Cross-Border Fuel Smuggling Drops Following Subsidy Removal, Says NNPCL Chief
The removal of fuel subsidies in Nigeria has led to a significant decrease in cross-border smuggling of Premium Motor Spirit (PMS), according to...
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