Business & Economy

FG plans to roll out a $617 million investment initiative in November

The Federal Government has unveiled plans to launch the i-DICE (Investment in Digital and Creative Enterprises) program in November 2023, backed by a substantial...

Full List: 11 recently authorized independent electricity distribution network operators

Earlier this week, the Federal Government announced the issuance of licenses to 17 Independent Electricity Distribution Network operators, with 11 of them currently operational. This...

Arik Air faces investigation over suspected unlawful aircraft sale

The Nigeria Customs Service has initiated an inquiry into the management of Arik Air while it's in receivership. This move comes in response to reports...

The Federal Government allocated N912.32 billion for servicing its loan from the Central Bank of Nigeria over the span of three months

The Federal Government, as per the Q1, 2023 Budget Implementation Report from the Budget Office of the Federation, incurred a substantial interest payment of...

In August, there was a significant surge of 57.18% in kerosene prices, as reported by the National Bureau of Statistics (NBS)

Household kerosene prices saw a significant surge of 57.18 percent in August, reaching N1,272.40 per litre, as reported by the National Bureau of Statistics...

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