According to data released Thursday by the Labor Department, the Producer Price Index (PPI) — which measures the average change…
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Federal Government Moves to Settle N4 Trillion Debt Owed Power Generating Companies Finance Minister
The Federal Government has initiated concrete steps to address the longstanding N4 trillion debt owed to power generation companies (GenCos),…
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FIRS Surpasses 2025 Oil Revenue Target Ahead of Schedule, Cites Stability in Niger Delta
The Federal Inland Revenue Service (FIRS) has announced it has already surpassed its 2025 oil revenue target months ahead of…
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Federal Government Set to Approve $60bn Chinese-Funded Bullet Train Project
The Nigerian Federal Government is on the brink of approving a groundbreaking $60 billion high-speed rail project funded by China,…
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Cornerstone Insurance Posts Triple-Digit Profit Growth in Q2, Signals Strong Recovery
Cornerstone Insurance Plc has reported a remarkable 253% surge in profit for the second quarter of 2025, marking one of…
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Tragic Car Race Over ₦30,000 Ends in Fatal Crash, Claims Five Lives in Ogun
A late-night car race reportedly organized over a ₦30,000 cash bet has ended in tragedy, leaving five people dead in…
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Africa Poised to Become Global Tech Hub as Digital Workforce Projected to Reach 230 Million by 2030 Report
A new report has projected explosive growth in Africa’s digital workforce, forecasting that the continent could have as many as…
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“Federal Housing Scheme Unveils New Path to Homeownership with 10% Down Payment Plan”
Abuja, Nigeria In a bold push to bridge the housing affordability gap, the federal government has launched a groundbreaking financing…
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“NCSP Endorses $550 Million Boost to National Steel Capacity in Strategic Expansion Move”
, The National Committee on Strategic Projects (NCSP) has given its formal backing to a $550 million steel expansion initiative,…
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“Outdated Land Laws Provide Cover for Real Estate Money Laundering, Experts Warn”
, Antiquated land ownership laws and lax regulatory enforcement are providing fertile ground for large-scale money laundering in the real…
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