The Federal Government has unveiled an advanced Supervisory Control and Data Acquisition system for managing the national power grid. This new technology promises to enhance the efficiency, reliability, and sustainability...
Read moreDetailsA total sum of N1.203 trillion in August 2024 Federation Accounts revenue has been shared among the Federal, State, and Local Governments in the country. The balance in the Excess...
Read moreDetailsThe Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills and increased external debt servicing obligations could pose downside risks for the growth of external...
Read moreDetailsThe Presidency on Tuesday dismissed a viral media report claiming President Bola Tinubu has asked Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to resign. Some online media outlets had...
Read moreDetailsThe Presidency has announced the take-off of the 550 million US Dollar upstream gas project between the Nigerian National Petroleum Corporation Ltd. (NNPCL) and TotalEnergies on the development of Ubeta...
Read moreDetailsMohammed Fall, the UN humanitarian coordinator in Nigeria, on Tuesday, 17 September announced that $6 million dollars from the Nigeria Humanitarian Fund to support flood victims in Borno State. Alau...
Read moreDetailsGoogle, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024. The amount represents an increase...
Read moreDetailsThe Federal Government is expected to pay about N180.8 billion as electricity subsidy for power consumers from Bands ‘B’ to ‘E’ that have had their tariffs frozen since December 2022....
Read moreDetailsThe Chinese Ambassador to Nigeria, Yu Dunhai, has said the motion is set for the implementation of 13 agreements recently signed by the Nigerian and Chinese governments during the visit...
Read moreDetailsThe Central Bank of Nigeria has directed all Payment Service Providers to route all transactions from PoS terminals at merchant and agent locations — physical or electronic — through an...
Read moreDetails









