Latest News
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82Economy & MarketForex Crisis: Nigeria’s Foreign Trade Payments Crash by 57%
Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to...
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625Telecoms & ITFG Bolsters Public Service Cybersecurity with DevsinGovt Initiative
To fortify cybersecurity within the public sector, the Federal Government is intensifying its efforts through the August edition of the DevsinGovt programme....
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89Economy & MarketFG Targets 5,000MW from Renewable Energy by 2030
To bridge the nation’s huge energy deficit, the Nigerian Electricity Regulatory Commission (NERC), has disclosed plans to add 5,000MW of electricity from...
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151Industry & MoneyNigeria to invest $800m in Power Infrastructure Upgrades
The Federal Government says it has committed $800 million to the construction of substations and the extension of distribution lines under the...
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183Local NewsDisCos reject 1,400mw Over Under-capacity
Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge...
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172Local News‘$6b Debts May Affect Petrol Supply’
Oil giant Nigeria National Petroleum Company Limited (NNPCL) yesterday admitted that its financial strain may affect the sustainability of petrol supply. Its...
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90Banking & FinanceForex Reserves Decline to $36.32b on High Dollar Demand
Nigeria’s foreign exchange reserves fell to $36.32bn as of August 29, 2024, according to data released by the Central Bank of Nigeria...
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157Business NewsFG Tasks Investors on Utilisation of NCDMB Intervention Funds
The federal government has tasked investors in the country to utilise the Nigerian Content Development and Monitoring Board (NCDMB) intervention funds for...
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183Economy & MarketMacroeconomy: Modest GDP Growth Print… An Enduring Gift from the “August Visitor”?
To begin with, the CBN in its bid to enhance FX liquidity, address demand pressures, and support price discovery reintroduced the Retail...
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1.8KOpinionMeasuring ROI Effectively
As businesses grow, measuring their Return on Investment (ROI) becomes more and more critical. Accurately measuring ROI can help organisations make informed...
