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The Public Accounts Committee of the House of Representatives has expressed concern at the low implementation of the capital component of the 2024 budget. They expressed their displeasure during an interactive engagement between the…

The President of the Chartered Insurance Institute of Nigeria, (CIIN) Yetunde Ilori, has said that the proposed tax reforms and possible recapitalisation will be some of the challenges that the insurance sector will face in 2025. Ilori…

The Nigeria Customs Service will be deploying an information technology strategy to ensure transparency in its ongoing recruitment processes, he said. Reports said that the list of the candidates to sit for the computer-based test would…

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has urged the Ministry’s Top Management Staff to leverage their expertise in driving the country's developmental priorities. The Minister made the call in…

Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024, reports said. The expenditures, aimed at boosting rural electrification, street…

Guaranty Trust Holding Company Plc has secured the necessary approvals from the Central Bank of Nigeria and the Securities and Exchange Commission for the first tranche of its equity capital raise programme, successfully raising N209.41bn.…

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed how the Federal Government attracted foreign investors to boost oil production to 1.8 million barrels per day. From one million barrels per day in…

Aba Power Limited Electric, an electricity distribution company operating in Abia State, has announced a significant increase in electricity tariffs, with rates rising by over 50 per cent. The new tariff took effect on January 1, 2025,…

The Nigerian Civil Aviation Authority has disclosed plans to sanction more airlines for infractions related to consumer protection. This development follows recent enforcement actions taken against several carriers for unresolved…