Business & Economy

The Managing Director of the Rural Electrification Agency (REA), Mr. Abba Abubakar Aliyu, has announced that Nigeria has secured $950 million in funding for its Distributed Access through Renewable Energy...

Japan’s Minister of Economy, Trade, and Industry, Yoji Muto, has requested that the United States government exempt Japan from the upcoming tariffs on vehicles, steel, and aluminum. Still, there has...

The Eko Electricity Distribution Company (EKEDC) has attributed the ongoing poor power supply in Lagos to faults on the 330kV transmission lines supplying electricity to the region. In a statement...

The National Identity Management Commission (NIMC) has advised Nigerians to update their National Identification Number (NIN) details exclusively through its official self-service portal. In a statement signed by the Head...

The Lagos State government has announced the release of Makemation, Africa’s first Tech/AI-themed feature film, set to hit cinemas across Nigeria on Easter Weekend, April 18, 2025. Makemation is Africa’s...

Transnational Corporation Plc (Transcorp) has posted an impressive 132% increase in Profit Before Tax (PBT), reaching N136.7 billion for the operating year ended December 2024, a significant rise from N58.8 billion recorded in the previous year. The...

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued refining licenses to three companies to establish new refineries in Abia, Delta, and Edo States. According to an announcement...

The Nigerian Exchange (NGX) recorded its first gain in March, driven by renewed investor interest, which drove the market capitalisation up by N216bn. Following this positive movement, the total market...

Alibaba shares jumped over seven percent in Hong Kong trading on Thursday after the Chinese tech giant introduced an artificial intelligence model designed to compete with DeepSeek, a rising star...

Shell has called for the development of infrastructure to promote the growth of domestic gas...