Nigeria’s Capital Expenditure Among Lowest Globally, Says W’Bank The World Bank Country Director for Nigeria, Mr Shubham Chaudhuri, has said that public spending in the country is among the lowest globally. He said this while making his keynote address at the annual banking and finance conference...

NERC Increases Prices of Prepaid Meters The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the price of pre-paid electricity meters in the country. This was contained in a circular dated 5 September and jointly signed by the commission’s chairman and commissioner Legal, Licencing...

NNPCL: 150 Crude Oil Theft Incidents Occurred In 7 Days   The Nigerian National Petroleum Company Limited (NNPCL) has said that between August 26 and September 1, 2023, there were 150 crude oil theft incidents mainly across Bayelsa, Rivers, Imo and Delta states. The company stated this...

ACS Tasks World Leaders to Fulfil $100bn Commitment to Climate Finance The President of the African Development Bank, Akinwumi Adesina and the 2023 United Nations Climate Change Conference president, Dr. Sultan Al Jaber, called on developed economies to fulfil their $100bn commitment to climate finance. He...

ACS: AfDB Pledges $25bn to African Climate Fund The President of African Development Bank, Akinwunmi Adeshina said the finance institution has committed to providing $25bn to climate finance by 2050. He disclosed this on the second day of the African Climate Summit, being held at The...

Banks, ASUU, Others to Join NLC’s Strike There are indications that some branches of the Academic Staff Union of Universities (ASUU) may join the Nigeria Labour Congress's two-day strike. President of ASUU, Osedeke Emmanuel, expressed the union's unwavering support for the NLC's directive regarding the impending...