Geregu Power Plant Generates N137bn, Declares N21.25bn Dividends
Geregu Power Plc has announced an impressive audited financial year result and accounts for the full year ended December 31, 2024, with its profit before tax at N41bn, an increase of 69 per cent from the N24bn...
Banks Settle Substantial Debt to Avoid USSD Service Disconnection
Nigeria’s telecom operators have kept Unstructured Supplementary Service Data (USSD) services active as banks make significant progress in repaying their outstanding debts, preventing a potential disruption that could have impacted millions of users.
The banks, which were...
Food Security: States will get $30m to Boost Agriculture – Minister
The Minister of State for Agriculture and Food Security, Aliyu Abdullahi, has said that states meeting specific criteria will receive a $30m allocation as part of the Rural Access and Agricultural Marketing Project scale-up...
FG Aims 2.7mbpd Crude Oil Production as OPEC Pledges to Monitor Quotas
Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.
This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, according to...
FEC Approves N885bn for Road Projects
The federal executive council (FEC), presided over by President Bola Tinubu, has approved N885 billion for the execution of 10 road projects.
Speaking after the FEC meeting on Monday in Abuja, David Umahi, minister of works, said the projects are...
Nigeria Aims $100bn Revenue with New Tourism Corporation
The Minister of Art, Culture and Creative Economy Hannatu Musawa, the minister of art, culture, tourism, and the creative economy, on Monday, said the Ministry is targeting $100 billion, on the backdrop of Federal Executive Council approval...
