DisCos Revenue Increases to N887bn in Seven Months  Nigeria’s electricity distribution companies (DisCos) have raked in a total sum of N887.86bn as revenue in the first seven months of 2024 following the tariff increase for Band A customers and improved revenue collection. Despite consistent complaints over...

Finally, Nigeria Begins Crude Oil Sales in Naira Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Saturday said that in line...

AfDB to Produce 120m tonnes of Additional Food by 2025 The African Development Bank (AfDB) has revealed plans to produce an additional 120 million tonnes of food by 2025. This announcement was made by the Director General of the AfDB Nigeria Country Department, Abdul Kamara, during...

NCSI Introduces Consumer Feedback Platform The Nigeria Customer Service Index (NCSI) has launched a survey platform for Nigerians to share their feedback on the quality of services and customer experiences from various service providers nationwide. NCSI disclosed in a release on Thursday that the survey platform...

How Google contributed $1.8bn to Nigeria’s economy in 2023 – Report Google’s tools and services added an estimated $1.8bn to Nigeria’s economy in 2023, a new report from consultancy Public First revealed on Thursday. The Nigeria Digital Opportunity report presented in Lagos highlighted the economic benefits...

FG Targets 4mbpd Crude, 10bcf Gas in 2030 Nigeria is aiming for growth in its oil and gas production, targeting four million barrels per day of oil and 10 billion cubic feet of gas by 2030. This was disclosed in a statement by the Special Adviser...