Aliko Dangote, president of Dangote Industries Limited (DIL), attained a new wealth milestone on Friday, when his net worth surpassed $30 billion. According to the Bloomberg Billionaires Index, Dangote's net…
The budget office of the federation says the federal government recorded a total revenue inflow of N20.98 trillion in 2024. According to the office's fourth quarter (Q4) 2024 budget execution…
The federal government has announced intentions to launch a national campaign to promote domestically produced goods and services as part of the 'Nigeria First' program, which aims to revitalise the…
Nigeria has secured another major vote of confidence from the global energy industry, as Shell announced a $2 billion Final Investment Decision (FID) for a new offshore gas project in…
The federal government has finalized the implementation framework for the ₦4 trillion Presidential Power Sector Debt Reduction Plan. The framework, endorsed by President Bola Ahmed Tinubu and the Federal Executive…
The Central Bank of Nigeria (CBN) has announced that it will take direct control of the fixed income market's settlement and trading platform by December. The FMDQ Group currently operates…
Yemi Kale, former statistician-general of the National Bureau of Statistics (NBS), says approximately 89 million people, or 40 percent of Nigeria’s population, live below the poverty line. Kale, chief economist…
Dangote Petroleum Refinery has resumed petrol sales in naira a day after putting the initiative on hold. In an email to clients on Saturday, Dangote refinery stated that the resumption…
The National Union of Electricity Employees (NUEE) has urged its members to withdraw their services across the country. The decision was issued in a document on Wednesday, signed by Dominic…
A recent study by OpenAI and the National Bureau of Economic Research found that just 30% of consumers utilise ChatGPT for work-related tasks. According to the working paper, which was…