Nigeria has been plunged into darkness following a collapse of the national grid on Sunday. A leading power distribution company Eko Electricity Distribution Company informed its customers o... Read more
By Chijioke Okoronkwo The Presidency said it would deliver 5 million solar systems to 25 million Nigerians previously not connected to the national grid through Solar Home Systems, under the... Read more
The Central Bank of Nigeria has devalued the Nigerian currency Naira by N32 against the United States’ dollar. The official naira rate to the dollar is now N392, up from N360. The regu... Read more
Former Head of State, General Yakubu Gowon, has dismissed the allegations of money laundering levelled against him by a member of the United Kingdom parliament. The elder statesman condemned... Read more
The Nigerian National Petroleum Corporation thinks that it no longer makes sense for keep nation’s refineries in operation. The Group Managing Director of the corporation, Mr Mele Kyar... Read more
November 27, 2020 0 President Muhammadu Buhari on Thursday admitted that Nigeria has 200 million poor people and asked the Organisation of Petroleum Exporting Countries (OPEC) to consid... Read more
By Folasade Akpan The Federal Government generated N416.01 billion as Company Income Tax (CIT), the National Bureau of Statistics (NBS) says. The bureau said this in its “Company Income Tax... Read more
By Felicia Imohimi The Poultry Association of Nigeria (PAN) has threatened to shut down the industry by Jan. 2021 if the Federal Government fails to halt exportation of maize, soybeans and s... Read more
By Foluso Ogunsan, in Ibigwe The 5,000BOPD Waltersmith Refinery in Ibigwe, has joined the 11,000 BOPD Ogbele Expanded Refinery, also in eastern Nigeria, as two private sector owned functioni... Read more
More than 200 million Nigerians will slide further into poverty as the coronavirus pandemic has sent oil prices tumbling and pushed Africa’s largest economy into recession. To many in... Read more