NEWS

Power Generation Companies (Gencos) operating in the country say monthly capacity payment losses and stranded generation of over 4,724mw are estimated at N27.14 billion in January and February this year,...

The principles and legacies of the late sage, Chief Obafemi Awolowo, will continue to inspire current and future generations in their quest for good governance, President Bola Tinubu said yesterday....

The Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri has impounded N5.35 billion contraband from smugglers and fraudulent importers. The unit said that nine smugglers were arrested...

In News reports, The House of Representatives has made a move to probe the frequent collapse of the national grid as part of moves to proffer lasting solutions to the...

President Bola Ahmed Tinubu on the invitation of His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, will depart Lagos State to embark on a...

The Central Bank of Nigeria (CBN) yesterday announced a series of interventions to cushion the economy. This includes the resumption of the sale of dollars to Bureau de Change (BDC)...

The naira yesterday again returned to gaining at the parallel market as it appreciated to N1,620/$1. However, the official Nigerian Autonomous Foreign Exchange (NAFEM) deprecated closing yesterday at N1,615.94 signifying...

With relative turnouts on Tuesday, 27 February 2024 for its nationwide protests regarding economic pains in the country, the Nigeria Labour Congress (NLC), last night, suspended further street protests, earlier...

It may be recalled that the British petroleum company Shell PLC in January 2024 announced the decision to sell off its Nigerian oil interests leaving locals around the river delta...

In another developing report, according to ABC News, Pope Francis who gave a general audience at the Vatican on Wednesday was also taken to Rome's Gemelli hospital on the same...