Economy

By Emmanuel Nduka Foremost Nigerian power generation solutions provider, Geregu Power Plc, has entered a pact with Siemens Energy to jointly develop solutions for capacity expansion at the Geregu 1 power plant. The aim of partnership...

By Emmanuel Nduka Abitto Global Services Limited on Saturday launched the Abitto Ferry Service with the unveiling of the AWL-Luxury and Maritime Safety Boats to foster safer waterways connectivity in Nigeria's oil-rich Niger Delta region. In...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) and SEPLAT Petroleum Development Company Plc have unfolded plans to set up a world-class Research Centre of Excellence at Delta State University, Abraka, Delta State....

By Emmanuel Nduka The Nigerian Senate in a significant move to reshape the country's financial landscape, has proposed a bill to strip the Central Bank of Nigeria (CBN) of its final decision-making power in setting interest...

By Emmanuel Nduka Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo has "temporarily" suspended the enforcement granted Messers NAEBI Dynamic Concept Ltd, by the Federal Government, as consultants to collect levies on Helicopter landing. The...

By John Ikani A new report by Swissaid, a development organization, has shed light on the concerning trend of gold smuggling out of Africa. The report estimates that in 2022 alone, over $30 billion worth of...