No local value addition, no more mining licence, says Alake
The Minister of Solid Minerals Development, Dr. Dele Alake has affirmed the resolve of the federal government to foreclose the acquisition of mining licenses by prospective investors without…
FG, states, local governments share N10.143trn in 2023 – NEITI
March 19, 2024 The three tiers of government – Federal, state and local governments – shared N10.143 trillion from the Federation Account as statutory revenue allocations in 2023. Dr. Orji…
Naira keeps appreciating against dollar in the black market: Investigation
After hitting an all-time zenith of over N1,900 to a dollar in the black market, the naira has maintained a bullish momentum against the dollar, appreciating by over N30 within…
Unilever to cut 7,500 jobs worldwide to save money
Consumer goods giant Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at saving around 684 million euros (869 million dollars) over the…
2024 Budget: Obi calls for total review, wants resources in critical areas
The Labour Party Presidential Candidate in the 2023 general election, Peter Obi has admonished the Executive and Legislative arms of government to immensely commence the review of the 2024 budget…
Just in: Voice, Data Services Affected by Undersea Cable Cuts Restored – NCC
Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are…
NIMC, NCC Unveil Collaborative Efforts to Enhance NIN-SIM Linkage Processes
The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are pleased to announce a strategic collaboration aimed at enhancing processes related to the National Identification Number…
FG releases N12.7bn to provide smart meters in barracks
March 18, 2024 The Minister of Power, Mr. Adebayo Adelabu, says the Federal Government has released N12.7 billion to provide meters in Army barracks across the country. The amount is…
Oil mergers, clean fuels vie for attention at CERAWeek energy conference
March 18, 2024 Top oil executives and ministers descend on Houston this week for one of the world’s biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less…
Ghana says repairs on subsea cables could take five weeks
March 17, 2024 Repairs on damaged subsea cables that are causing internet outages across West and Central Africa are expected to take at least five weeks before completion and full…