Browsing: Business & Economy

The total value of domestic transactions on the Nigerian Exchange Limited (NGX) in 2023 was N3.167 trillion against N410.62. billion which was the total foreign transactions…

The Transmission Company of Nigeria (TCN) has announced a gradual drop in power generation into the grid due to gas constraints to the thermal generating companies.…

With food inflation at 33.93%, Nigerians grapple with the rising cost of food items and low purchasing power in the country. The most recent National Bureau…

The European Union (EU) has announced an investment of 18 million Euros to support vaccine research in Nigeria. The declaration was made by Amb. Samuela Isopi,…

Cryptocurrency has always held the promise of providing users with opportunities to earn digital assets conveniently. Initially, crypto mining was a popular method, but it came…

Hewlett Packard Enterprise (HPE) has revealed that Russian government-backed hacker group, Midnight Blizzard broke into its system, gaining access to its cloud-based email environment. The company…

The social media group, Meta, has rolled out new features that will place further restrictions on how teens receive messages on Facebook and Instagram. The company…

Minister of Works, David Umahi, announced that President Bola Tinubu has given the approval for funding the completion of the Second Niger two bypass projects, Abuja-Kaduna-Zaria-Kano,…

The Federal Capital Territory, FCT, High Court, under the jurisdiction of Justice Abubakar Hussaini Musa, reversed a previous order demanding the arrest of Ola Olukoyede, the…

Naira further tumbled against the dollar on Thursday, January 25th, 2024, in both the official and black markets.   The domestic currency depreciated 2.12% to close at…