Nigeria’s Electricity Deficit, World’s Largest -UK Envoy

 British High Commissioner to Nigeria, Richard Montgomery said Nigeria has the world’s largest electricity deficit that affects 90 million o...

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Ukraine sets to build grain terminal at Lekki Port

 The Ukrainian Ministry of Agrarian Policy and Food in collaboration with Lagos Free Zone, a venture of the Tolaram Group, have signed a Mem...

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IMF Working on A Global Central Bank-backed Digital Currency platform

              IMF Working on Global CBDC Platform Concept In a bid to foster efficient and fairer international transactions, the Internatio...

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President Bola Tinubu instruct CBN Governor, Godwin Emefiele to Devalues Naira To 630/$1

 The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E)...

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The movement of the nuclear weapons has already begun,” Alexander Lukashenko, President of Belarus declares.

“The movement of the nuclear weapons has already begun,” Alexander Lukashenko told reporters during a summit of the Eurasian Economic Forum ...

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Hilda Baci Breaks Guinness World Record For Longest Cooking Marathon

 Nigerian chef Hilda Baci has broken the Guinness World Record for the longest cooking time. Hilda broke the record of 87 hours, 45 minutes,...

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Chairman of Dangote Group, Aliko Dangote Lists The Obstacles To Trade At The Ports In Nigeria

 The president of Dangote Group, Aliko Dangote, has revealed that a lot of government agencies, especially at the country’s ports are set up...

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Taiwan, Malaysia Detect ‘cancer-causing’ Substance In Indomie Noodles

 Manufacturer protests as Taiwan, Malaysia detect ‘cancer-causing’ substance in Indomie noodles Indofood, makers of Indomie instant noodles,...

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Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN

 The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya has said that over two million b...

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Unilever Nigeria’s Market Exit To Affect OMO, Sunlight.

 One of the leading Fast-Moving Consumer Goods (FMCG) companies, Unilever Nigeria Plc, has disclosed that its exit from the home care and sk...

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Soludo, Okonjo-iweala, Best Appointments I Made As President – Obasanjo

 Former President Olusegun Obasanjo on Saturday recalled his relationship with Governor Chukwuma Soludo of Anambra State and current Directo...

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The Central Bank of Nigeria (CBN) Releases Cash, Orders Banks To Operate On Saturdays And Sundays

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part o...

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Mass Job Losses Loom In Q1 2023 Amid Naira Crisis - Manufacturers

A recent report by the Manufacturers Association of Nigeria, MAN has predicted imminent mass job losses in the first quarter of 2023 amid th...

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Jamaica Plans To Source Vehicles From Innoson Vehicles Manufacturing (IVM) in Nigeria– High Commissioner

 The Jamaican High Commissioner to Nigeria, Esmond Reid, says his country was planning to source for vehicles from Innoson Vehicles Manufact...

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Ownership Structure Of The Lekki Deep Sea Port Lagos

 Lekki Port LFTZ Enterprise Limited (LPLEL) is the Special Purpose Vehicle which was awarded the concession for the development and operatio...

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TECNO Phantom X2 Pro Review: Design, Camera And Software

 TECNO unveiled the Phantom X2 Pro at a launch event in Dubai on December 7, 2022, and the device is going on sale in a few weeks. There are...

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Central Bank of Nigeria Launches Its Own Debit Card

 The apex bank of Nigeria, CBN has introduced a national domestic card scheme to facilitate financial inclusion and grow Nigeria’s payment s...

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Shell To Pay 15 Million Euros In Settlement to communities in Nigeria Niger Delta

 Shell (SHEL.L) will pay 15 million euros ($15.9 million) to communities in Nigeria that were affected by multiple oil pipeline leaks in the...

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Ghana Suspends Payment On Eurobond, Other Foreign Debt As Economic Crisis Worsens

 The country suspended payments on its Eurobond, commercial term loans, and on most of its bilateral debt, a week after a $3 billion agreeme...

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Ghana reaches $3B IMF deal to battle Inflation and economic crisis

 Ghana on Tuesday agreed on a $3 billion credit deal with the International Monetary Fund (IMF) as part of the country's battle to end i...

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