Rabiu Abdulsamad, the CEO of BUA Group, recently expressed optimism about Nigeria's economic prospects following his visit to Asiwaju Bola Tinubu for Sallah homage in Lagos. in his remarks, Abdulsamad highlighted key areas of collaboration between the government and the private sector, emphasising the strides made in addressing the challenges facing the economy.
Wema Bank has announced its full Year 2023 Audited financial statement, recording profit before tax growth of 196 per cent from ₦14.75bn to N43.59 billion.
The Nigerian Electricity Regulatory Commission (NERC) has slammed a fine of N200 million on the Abuja Electricity Distribution Plc (AEDC) over the Disco’s non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for power distribution companies (DisCos).
A Federal High Court, Abuja, on Thursday, fixed April 8 for ruling on an objection raised by Tigran Gambaryan, a Binance Holdings Limited executive, challenging the competence of the Economic and Financial Crimes Commission (EFCC)’s charge.
Despite Nigerians lamenting about the high cost of living in the country since the coming of the present administration, the Nigerian Electricity Regulatory Commission (NERC) has gone ahead to approve the increase of electricity tariff for customers under the B and A classification.
Transmission Company of Nigeria (TCN) notes that it remains committed to managing the grid and ensuring grid stability amidst ongoing challenges such as the persistent low gas supply affecting power generation into the nation's grid.
UNDP on Tuesday 19th March, 2024 launched the Human Development Report 2023/2024 alongside the Minister of Finance of the Federal Republic of Nigeria, Honourable Wale Edun.
Cryptocurrency traders in Nigeria were at the weekend thrown into more suspense after the Federal Government slammed a $10 billion fine on Binance, the cryptocurrency trading platform over the free fall of the naira.
Members of Civil Society Organisations (CSOs) have poured into the streets in Edo and Osun states over the economic hardship in the country.
President of Real Estate Developer's Association of Nigeria ( REDAN), Dr. Aliyu Oroji Wamakko weekend said the increase in prices of cement recently are further threatening infrastructural development and worsening the housing deficit in the country.
Federal Competition and Consumer Protection Commission (FCCPC) has taken action by sealing off Sahad Store, a popular supermarket in Abuja’s Garki area.
A 50 kilograms bag of cement in the Federal Capital Territory has surged to between N10,000 and N15,000.
Senator Ned Nwoko (PDP-Delta) has called for urgent review of some economic policies in view of the worsening surge in inflation rate.
