FG Expresses Alarm As Manufacturers Dump National Grid Despite Record Power Generation
The Federal Government has voiced serious concerns about the increasing trend of manufacturers and industries abandoning the national power grid...
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President Tinubu to Inaugurate Upgraded $115M West Africa Container Terminal in Onne
President Bola Tinubu is set to officially inaugurate the upgraded West Africa Container Terminal (WACT) in Onne, Rivers State, next...
Business Confidence Grows as Nigerian Economy Shows Signs of Recovery, CBN Report Reveals
Business owners in Nigeria are expressing increased optimism about the economic conditions for the remainder of 2024, according to the...
Nigerian Government Pledges $100 Billion Annual Investment Amid Calls for Accountability Following Nationwide Protests
In a move to address Nigeria's economic challenges, the Federal Government has announced plans to invest $100 billion annually to...
Nigeria-Grenada Partnership: A Strategic Move to Unlock Economic Opportunities Across Key Sectors
Nigeria and Grenada are embarking on a groundbreaking partnership aimed at significantly boosting economic ties between the two nations. This...
FG Embarks on Single Window Project to Revolutionize Trade and Economic Growth
In a move aimed at bolstering Nigeria's trade and economic development, the Federal Government has officially launched the National Single...
Power Minister Highlights Growing Subsidy Burden as Electricity Generation Costs Exceed Consumer Payments
The Minister of Power, Adebayo Adelabu, has revealed the rising financial strain on the federal government due to electricity subsidies,...
Tinubu Mandates Nationwide Metering to Tackle Power Sector Challenges and Boost Revenue Collection
In a decisive move to address Nigeria's longstanding power sector issues, President Bola Tinubu has directed that all households, businesses,...
Edo Refinery Set to Boost Local Oil Production as NMDPRA Grants Operational License
The Edo Refinery and Petrochemical Company Limited has received its operational license from the Nigerian Midstream and Downstream Petroleum Regulatory...
Nigeria Faces Urgent Funding Gap as Government Seeks $100 Billion Annually for Development Goals
The Federal Government of Nigeria has highlighted a significant funding shortfall that threatens the realization of its ambitious development agenda,...