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Business and Economy

Sam Amadi Advocates Cargo Tracking as Key to Economic Recovery

By   Milcah  TanimuSam Amadi, former chairman of the Nigerian Electricity Regulatory Commission (NERC), emphasizes the importance of prioritizing cargo tracking to address Nigeria’s economic...

FG Names Dangote Refinery as Exclusive Supplier of Jet Fuel for Nigerian Airlines

By Abigail Philip DavidThe Federal Government has designated Dangote Refinery as the exclusive supplier of Jet A1 fuel for Nigeria’s airline operators, according...

NCC Disapproves Starlink’s Price Increase Amid Regulatory Concerns

By   Milcah   TanimuThe Nigerian Communications Commission (NCC) has declared that Starlink, the satellite internet service owned by Elon Musk, did not secure regulatory approval...

Samsung Apologizes for Tech Crisis Amid Disappointing Earnings

By Abigail Philip DavidSamsung Electronics issued a rare public apology on Tuesday, acknowledging it is facing a "crisis" in its technological competitiveness following...

NMDPRA Vows to Sanction Erring Filling Stations in Kogi

By Noah Ocheni, LokojaThe Kogi State Coordinator of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Godwin Ogbe, has vowed to sanction...

NCC to Sanction Elon Musk’s Starlink Over Unauthorized Price Hike

By Abigail Philip DavidThe Nigerian Communications Commission (NCC) has announced plans to take action against Elon Musk’s satellite internet provider, Starlink, for raising...

NNPC Ends Exclusive Petrol Purchase Agreement with Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery. As a result, this change allows other marketers...

“CBN Acknowledges Pain of 27.25% Interest Rate Increase for Borrowers”

By   Milcah   TanimuThe Central Bank of Nigeria (CBN) admitted on Monday that raising the interest rate to 27.25% is "painful" for borrowers. Despite this,...

Nigerian Billionaire Wisdom Kwati Plans $5 Billion Investment in Sierra Leone’s Real Estate and Aviation Sectors

Nigerian billionaire and CEO of Wisdom Kwati Group, Wisdom Kwati, has announced a $5 billion investment plan targeting Sierra Leone’s real estate and aviation...

Nigerian Government Plans to Create One Million Jobs

By   Milcah   TanimuThe Federal Government of Nigeria aims to create one million jobs to combat youth unemployment in all 774 local government areas. Minister...

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