Category: Economy

Reading Time: 2 minutesPresident Bola Tinubu has assured power generation companies (GENCOs) that his administration is committed to resolving longstanding debts owed to them, pledging transparency and patience as verification processes continue. At...

Reading Time: < 1 minuteThe Port Harcourt Refinery Bulk Petroleum Retailers Association (HOSCOM PETBRA) has sounded an urgent call to President Bola Ahmed Tinubu to intervene in the lingering shutdown of the Old...

Reading Time: < 1 minuteNEITI’s 2022/2023 Independent Report Highlights The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the oil and gas sector owes the Federal Government over $6 billion and ₦66...

Reading Time: 2 minutesCommitment to Boost Oil Production The Chief of Defence Staff (CDS), General Christopher Musa, has reiterated his commitment to achieving President Bola Tinubu’s ambitious target of increasing Nigeria’s crude oil...

Reading Time: 2 minutesWidespread Flooding in Maiduguri Over one million individuals have been affected by severe flooding in Maiduguri, the capital of Borno State, following the collapse of the Alau Dam. Governor Babagana...

Reading Time: 2 minutes EFCC’s Renewed Commitment to Eradicating Corruption The Economic and Financial Crimes Commission (EFCC) has announced its intensified efforts to tackle corruption at its roots to prevent its spread across various...

Reading Time: < 1 minuteThe Nigerian Military, Police, and Nigeria Security and Civil Defence Corps (NSCDC) are collectively engaged in a relentless battle against bandits, terrorism, and various criminal gang groups that pose...