The Nigerian aviation fuel market is showing signs of stabilization, but prices continue to remain elevated, posing challenges for airlines and travelers. While the volatility that characterized the market in
Despite efforts to improve electricity access in Nigeria, a recent report by the Rural Electrification Agency (REA) has revealed that approximately 20,000 communities across the country still lack access to
The Nigerian National Petroleum Corporation (NNPC) has announced that it will soon begin issuing appointment letters to successful candidates from its recent recruitment exercise. The NNPC had conducted a large-scale
The Central Bank of Nigeria (CBN) has issued a stern directive requiring bank directors with non-performing loans (NPLs) to resign from their positions. This move is part of the CBN’s
Airtel Nigeria has announced an increase in its data and call rates, leaving subscribers frustrated and concerned about the rising cost of communication services. The telecommunications giant, in a message
The Central Bank of Nigeria (CBN) has revealed that personal loans in the country have witnessed a significant increase, reaching N3.3 trillion in November. This figure represents a substantial rise
Following Shell’s divestment of its onshore assets in Nigeria for $2.4 billion, the federal government is engaging local communities to restart oil production in Ogoniland. This move comes after decades
In a strategic move aimed at bolstering entrepreneurship across Africa, the Tony Elumelu Foundation (TEF) has entered into a $6 million partnership agreement with the United Arab Emirates Office of
The Nigerian real estate sector witnessed an unprecedented expansion in 2024, growing by 46.52 percent in the third quarter, marking one of the most significant surges in the country’s economic
The Nigerian Senate is set to receive the report on the ₦54.2 trillion 2025 budget estimates this week, with potential passage following shortly thereafter. Senate President Godswill Akpabio made this
