Nigeria’s rig count, a crucial metric indicating the level of activity in the upstream sector, experienced a month-on-month decline of 13.3 percent, falling from 15 in...
In a significant move to enforce compliance and revitalize the solid minerals sector, the Federal Government through the Ministry of Solid Minerals Development has taken decisive...
In the first nine months of 2023, the 36 states of Nigeria collectively spent N1.71 trillion on recurrent expenditures, encompassing allowances, foreign trips, office stationery, and...
Nigerian and German companies have sealed two pivotal agreements in Berlin, valued at $500 million. The accords, announced by Presidential spokesperson Ajuri Ngelale, include a renewable...
In a press conference held in Lagos on Tuesday, Ifeyinwa Ighodalo, the Chief Executive Officer of DO.II Designs Ltd, shed light on hurdles confronting Nigeria’s furniture...
The Minister of Works, David Umahi, has unveiled an ambitious plan to revolutionize Nigeria’s road infrastructure, disclosing that the government is seeking a $35 billion investment...
Against a backdrop of a challenging business environment and meager insurance penetration in Nigeria, thirteen leading insurance companies have displayed resilience by declaring a collective profit...
In a bid to advance the federal government’s agenda for job creation and economic growth, the Nigerian Export-Import Bank (NEXIM) has inked a significant Memorandum of...
Nigeria has seen a commendable surge in direct remittances with data released by the Central Bank of Nigeria (CBN) indicating a 3.74% increase in the first...
OpenAI has announced the reinstatement of Sam Altman as its Chief Executive Officer and the appointment of a revamped board following the controversial decision to oust...