HYPREP coordinator restates commitment to implement Ogoni cleanup
Omeiza Bilal The Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP), Prof. Nenibarini Zabbey, has assured on the effective...
Nigeria Economy
Tinubu proposes N6.2trn budget increase, eyes new banks’ forex tax
President Bola Tinubu has submitted a proposal to the Senate to increase the 2024 appropriation act by N6.2 trillion, aiming...
Insurance sector sees increases in claims, premiums in Q1 2024
In the first quarter of 2024, Nigeria's leading insurance firms reported substantial financial activity, marked by a notable increase in...
Power supply: Adelabu signs performance contracts with heads of agencies, parastatals
The Minister of Power, Chief Adebayo Adelabu has charged heads of agencies and parastatals under his ministry to be committed...
Transcorp Group CEO Omogiafo emerges President of LBS Alumni Association
Omeiza Bilal The President and Group CEO of Transnational Corporation Plc (Transcorp Group), Dr. Owen Omogiafo, has been officially sworn...
IMF downgrades Nigeria’s economic growth projection to 3.1%
The International Monetary Fund has downgraded Nigeria’s Gross Domestic Product (GDP) growth for 2024 to 3.1 per cent as businesses...
Zuba residents decry high cost of food items
Some residents of Yimi community in Zuba, Gwagwalada Area Council of the Federal Capital Territory (FCT) have decried the continuous...
Higher tariff worsens MDAs’ electricity backlog, threatens supply
Debt owed by Ministries Departments and Agencies to electricity distribution companies has spiked following the increase in electricity tariff for...
NiMet says there’ll be three days of thunderstorms, rainfall across Nigeria
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and rainfall across the country from Monday to Wednesday. In its weather...
FG to boost power sector investment for economic development
The Federal Government on Monday, in Abuja expressed its commitment to engage with relevant stakeholders to boost power sector investment...
