How FG will spend N2.1trn supplementary budget; INEC gets N18bn for Kogi, Imo, Bayelsa poll
The Federal Executive Council (FEC) has approved a 2023 supplementary budget of N2.1 trillion while also giving a breakdown of how the money will be used. Minister of Budget and…
Q3 2023: UBA records 115% growth in gross earnings, PBT hits N502.1bn
Consolidating on its recently released second-quarter performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again announced a splendid performance in its unaudited financial results for the third…
Africa unlikely to follow East Asia’s manufacturing growth path -Study
October 30, 2023 African countries are less likely to follow East Asia’s development model of expanding manufacturing to pull people out of poverty, according to a study that shows a…
Solaris, Knownow, Specxs win NCC’s talent hunt
Three companies, out of 81 companies that contested at the Nigerian Communication Commission’s (NCC) inspired technology innovation talent hunt competition, shared the N30 million prize money equally. Nine other shortlisted…
Germany willing to invest in Nigeria’s gas, minerals – Scholz
Oct. 30, 2023 German Chancellor Olaf Scholz said his country is willing to invest in gas and critical minerals in Nigeria as he started a two-nation visit to sub-Saharan Africa…
YOUWiN beneficiaries hail Olusi’s appointment, commend Tinubu
Some winners of the Youth Enterprise with Innovation (YOUWIN) awards under the umbrella of National Forum of YOUWIN Beneficiaries (NAFOYOB) have commended President Bola Ahmed Tinubu for the appointment…
CNG vehicles: FG inaugurates Lagos Pilot Conversion Centre
The Federal Government has inaugurated a Compressed Natural Gas (CNG) vehicles pilot conversion centre in Lagos State, through the Presidential CNG Initiative (P-CNGi). Mr Micheal Oluwagbemi, Chief Executive Officer of…
A toast to a floating naira, by Ken Ugbechie
You need not be told that the naira, Nigeria’s currency since January 1, 1973, is very sick and in intensive care unit. The once very virile naira, stronger than the…
NUPRC To Enforce Domestic Crude Supply Obligation, Warns Saboteurs
More Local Refineries Give Notice To Commence Production As more private refineries indicate readiness to commence production soon in Nigeria, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is taking all…
FG will attach a 10-year maintenance responsibility to projects, contractors to bear repair costs within the period – Umahi
Oct 28, 2023 …Says comprehensive rehabilitation to begin Nov. 1 on Third Mainland Bridge The Minister of Works, Mr. David Umahi, has warned that henceforth a 10-year maintenance responsibility would…