The federal government plans to provide subsidy to developers and operators of solar mini-grids in unserved and underserved areas in the country. The subsidy will[more...]
Tertiary education in Nigeria is an important component of the nation’s educational system, offering advanced learning opportunities beyond secondary schooling. It encompasses universities, polytechnics, colleges[more...]
The Minister of Works, David Umahi, has said the government is constructing the Lagos-Calabar coastal highway at a total cost of N4bn per kilometre and[more...]
The number of customers who filed complaints against their financial institutions increased by 63.54% from 6.12 million recorded in 2022 to over 10 million in[more...]
More Africans are resigning from their jobs in search of healthier company culture and better work-life balance as opposed to just wanting a higher salary.[more...]
World Economics used corruption perception, rule of law, press freedom, and political rights indexes to rank the countries. According to World Economics, the criteria for[more...]
The naira, Nigeria’s currency, has been ranked the third best performing currency in Africa, according to african markets.com, a regional research hub. The naira is[more...]
Nigeria Data Protection Commission (NDPC) has launched investigations into more than 400 cases of privacy breaches involving digital lenders, commonly known as loan apps. NDPC[more...]
At least 15 universities in the United Kingdom have publicly announced staff layoffs and course closures, prompted by a significant decline in overseas postgraduate student[more...]
Billionaires from the US took up six positions in the list while the only outsider, France, took the top position. Nigeria’s Aliko Dangote failed to[more...]
Ikeja Electric Distribution Company (IE) has attributed the ongoing power outage in some parts of Lagos to load restrictions of its various transmission centers. In[more...]
A leading fintech company, PalmPay is partnering with the Lagos State Government on the Food Discount Market - Ounje Eko, taking place across five (5)[more...]
The Debt Management Office (DMO) recently disclosed the total external debt stock of the 36 states and the Federal Capital Territory (FCT) reached $4.61 billion[more...]
The Central Bank of Nigeria (CBN) has increased the capital base for commercial banks with international authorization to N500 billion and national banks to N200[more...]
Nigeria is a complex country. It is facing significant challenges across nearly every sector. Today, the confluence of rising insecurity, galloping inflation, and diminishing productivity[more...]
Bucharest/Romania - 10.17.2020: Uber logo inscriptioned on a white painted car. Uber car in traffic.
The Lagos State Ministry of Transportation has reportedly started impounding vehicles belonging to e-hailing drivers operating on the Uber app. According to people close to[more...]
This was disclosed in a notification sent to the Nigerian Exchange Ltd. (NGX) by the bank’s Company Secretary, Mr Michael Otu. Otu said the appointment[more...]
The Nigerian economy has displayed significant dynamism in the collection of Value Added Tax (VAT), with some sectors showing exceptional growth while navigating through a[more...]