The Naira hits a historic low in the official market
The Nigerian naira hit a historic low of N1,534 against the US dollar on the official Nigerian Autonomous Foreign Exchange Market on Monday, marking...
Government intends to impose penalties on underperforming Distribution Companies (Discos) to address outages
Power distribution companies in the Nigeria Electricity Supply Industry that fall below specified standards will face a 50% reduction in their operating expenditures, as...
The FG aims to generate one million housing-related jobs within the next two years
The Federal Government is aiming to generate 1.2 million jobs through the construction of 3,112 housing units under the Renewed Hope Initiative.
The Minister of...
FTN Cocoa did not generate any revenue in the year 2023
FTN Cocoa Processors, one of Nigeria's oldest cocoa companies, faced a financial setback in 2023, reporting zero earnings due to challenges in working capital...
CBN urged by Senate committee to control inflation
The Senate Committee on Banking, Insurance & other Financial Institutions has called upon the Central Bank of Nigeria to address inflation in the country.
The...
