Nigeria’s data centers, the backbone of its digital economy, are facing a dilemma: raising their prices or absorbing the soaring energy costs. The high cost of petrol and diesel, which …
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In a strategic economic move, the Federal Government unveiled a projected N26 trillion budget for 2024, aiming for submission to the National Assembly by December 31, 2023. The revelation came …
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The National Bureau of Statistics (NBS) confirmed yesterday a significant climb in September’s inflation rate, marking a record high at 26.72%, a substantial leap from August’s 25.80%. Statistician-General Prince Semiu …
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The Federal Roads Maintenance Agency (FERMA) has a new chairman, Imam Ibrahim Kashim Imam, a 24-year-old first-class graduate of Mechanical Engineering from Brighton University in the UK. However, his appointment …
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Renowned Pastor Matthew Ashimolowo, a pivotal figure at Kingsway International Christian Centre, unveils his visionary ‘Compassion Crusade’ in Ikorodu, Lagos. Amidst a frank dialogue on Nigeria’s sociopolitical dynamics, he emphasizes …
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Business
MAN Advocates for Specialized Manufacturers’ Bank, Seeks Enhanced Support for Sector’s Growth
The Manufacturers Association of Nigeria (MAN) urges the establishment of a dedicated manufacturers’ bank to streamline financial support for the sector, mirroring institutions like the Bank of Agriculture. Francis Meshioye, …
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Ten years ago, Nigeria embarked on a historic reform of its power sector, hoping to end the chronic electricity shortages that have plagued its over 200 million citizens for decades. …
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Abuja, the capital city of Nigeria, has been granted financial autonomy by President Bola Tinubu, according to a decision confirmed by government officials. Abuja can manage its finances and resources …
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Southeastern Nigeria has been plagued by prolonged unrest, resulting in significant loss of life and property. Local stakeholders now urge President Bola Ahmed Tinubu to consider dialogue with the Indigenous …
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In a resolute statement, the Ondo State House of Assembly confirmed its commitment to the Constitution during its investigation of allegations of gross misconduct against Deputy Governor, Lucky Aiyedatiwa. This …
