NDPHC Moves to Utilise 3,000MW Unused Power The Niger Delta Power Holding Company (NDPHC) says it is taking steps to ensure 3,000 megawatts of stranded power in its plants becomes utilised. The company said it is also putting efforts in top gear to ensure the attainment...

OPEC Pegs Nigeria’s Crude Oil Production Quota for 2025 at 1.5mbpd The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries and its allies (OPEC+) has pegged Nigeria’s crude oil production quota for 2024 at 1.5 million barrels daily. This was disclosed in...

Despite Inflation, Nigeria’s Economy Growing Significantly – Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing appreciable growth that may see the high inflation rate in the country come down drastically in a...

According to the National Information Technology Development Agency (NITDA), Nigeria will be hosting the Gulf Information Technology Exhibition (GITEX) in 2025. 

National Assembly Suspends Amendment of CBN Act The National Assembly Committee on Banking, Insurance and other Financial Institutions has decided to pause the amendment process for the bill titled “An Act to Amend the Central Bank of Nigeria Act No. 7 of 2007.” This decision was...

FG Allocates N7.13bn for Compensation on Lagos-Calabar Coastal Highway The Minister of Works, Engr David Umahi, announced yesterday that the federal government has allocated N7.13 billion for compensation to those affected by the ongoing demolitions for the Lagos-Calabar Coastal Highway project. This sum is in addition...