Umahi Knocks Atiku's Claim, Says Lagos-Calabar Coastal Highway Cost N4bn per kilometre 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 not the N8bn per km reportedly claimed by...

Global Financial Institutions Lost $12 billion to Cyberattacks in 20 years – IMF The International Monetary Fund (IMF) has revealed that financial institutions lost a total of $12 billion to cyberattacks in the last 20 years. Out of this amount, $2.5 billion was lost between 2020...

Nigeria's Low Crude Production Cause of Revenue Loss, Says PETAN The Petroleum Technology Association of Nigeria has claimed that the country is losing a lot of revenue daily due to its inability to ramp up crude oil production. The Chairman of PETAN, Wole Ogunsanya, stated this...

DFC Approves $697m for Projects in Nigeria, Others United States (U.S.) International Development Finance Corporation (DFC) has approved 22 new projects totalling more than $697 million to support development projects in infrastructure, increasing food security, and small businesses in Nigeria and other parts of the...

N1,200 Diesel Price Cut will Ease Nigeria's Inflation - Dangote The Chairman of Dangote Group, Alhaji Aliko Dangote, has said that the significant cut in the diesel price to N1,200 will have a positive effect on inflation in Nigeria. He disclosed this during a Wednesday briefing...

NNPCL Advocates Natural Gas Production for Economic, Industrial Growth  The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development. Kyari spoke Wednesday at the public presentation...