OPEC+ is calling on member nations to rectify their quota violations. This push comes as crude prices soar to near $87 a barrel in London, presenting...
The Federal Government of Nigeria has cleared a backlog of debts amounting to $850 million owed to European airlines. This development was announced by Samuela Isopi,...
The Senate has called on the Federal Government to enhance funding for the capital components of the national budgets, which are currently lagging behind. This call...
In a bold move to propel Nigeria towards a $1 trillion economy by 2030, the federal government has launched an ambitious initiative aimed at establishing an...
The Ikeja Electricity Distribution Company (IKEDC) has revised its electricity tariff for Band A customers, increasing the rate from N206.80/kWh to N209.5/kWh. This new tariff, set...
Oando PLC has completed the acquisition of 100% of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Namibia, known for its stunning landscapes like the Skeleton Coast and the Namib Desert, is fast becoming more than just a tourist hotspot. With recent monumental...
Jeff Bezos, the iconic founder and former CEO of the tech giant, announced plans to sell an additional $5 billion worth of Amazon shares. The decision...
Ajah, Lekki, Surulere, Agungi, Ikorodu, and numerous other neighborhoods bore the brunt of torrential rains that inundated the city in the early hours of Wednesday. The...
The trade volume between the European Union (EU) and Nigeria rose to €24.6 billion in 2023, an 18.7% decline from the previous year. Despite the downturn,...