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President Buhari to inaugurate 5 projects in Lagos

Nigeria: 2023 budget signed into law by Buhari

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Nigeria's 2023 budget has been signed into law by President Muhammadu Buhari. The signing came six days after the National Assembly had passed the bill,...

Popular Abuja Sahad Store sealed accused of hoarding

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Federal government has sealed an Abuja popular supermarket, located in Garki, Sahad Stores, accusing it of hoarding and lack of transparency in products prices. The...

Electricity meter: Experts say Forex, Custom charges responsible for increase

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The price increase in prepaid electricity meters has been attributed to fluctuations in foreign exchange market, increase in Customs charges and Naira devaluation, including...

NASS actually added ₦1.27tn to 2024 budget claims presidency

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The Presidency has claimed that the National Assembly only added ₦1.27tn to the executive proposal while reacting to the allegation that the 2024 budget...

BRICS Summit: French President voices desire to participate

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French President Emmanuel Macron could take part in the BRICS Summit in South Africa in August. His Foreign Affairs Minister, Catherine Colonna, stated on...

NAFDAC cuts down processing fees for the renewal of registration for...

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National Agency for Food and Drug Administration and Control (NAFDAC) has announced the downwards review of processing fees for the renewal of registration for MSMEs...

Nigeria’s inflation rate slows down to 33.4% in July

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Nigeria's inflation rate has slowed down to 33.4% in July 2024, after almost two years of continuous increases. This decrease is a welcome change,...

Gas flaring: Reps inaugurates committee to probe $2.5bn revenue losses

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The Speaker of the House of Representatives, Rep. Tajudeen Abbas has inaugurated an Ad hoc Committee to investigate alleged 9.05 billion dollar-revenue loss from...

Nigeria: Government to support 1.3m small businesses in 17 states and...

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The government of Nigeria is set to support small businesses in some selected states across the country, including the Federal Capital Territory (FCT). The development...
Port-Harcourt-Refinery commences operation in two weeks time

Port Harcourt Refinery: Production to begin end of the month –...

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The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mele Kyari, has said the Port Harcourt refinery would begin production by the...