Economy
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Nigeria’s Power Generation Hits 5713.6MW Per Day
The Transmission Company of Nigeria (TCN) has announced a new milestone in the country’s power sector, achieving a peak generation…
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Naira depreciates to N1,515/$ in parallel market
The Naira yesterday depreciated to N1,515 per dollar in the parallel market from N1,510 per dollar on Monday. Similarly, the…
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Oil price decline to $73.5 per barrel threatens budget 2025 revenue target
THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel…
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Where did the dollar sign come from?
If you’re wondering where the dollar sign ($) came from, you’re in good company. No one really knows for sure,…
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60% manufacturers forced off-grid due to unreliable power supply — Minister
The Minister of Power, Adebayo Adelabu, has alerted that more than 60 percent of manufacturing companies in Nigeria have been forced to…
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MANISH MUNDRA: Feeding manufacturing companies
Mr. Manish Mundra is the Managing Director, Indorama Eleme Petrochemicas Limited, IEPL. Under his watch, the company has become a…
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FG approves N500m to boost leather industry
The Federal Government, on Monday, approved an N500m pilot initiative to boost the hides and skin industry, focusing on empowering…
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Monarch plans N200m grant for SMEs, students
The Oba Saheed Elegushi Foundation has announced an allocation of N200m to support small and medium-sized enterprises and students in…
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Bayelsa not a single-economy state, says govt
The Bayelsa State Government has denied claims that the state is a mono-product economy. According to the government, Bayelsa is…
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Naira depreciates to N1,505/$ in parallel market
The Naira today depreciated to N1,505 per dollar in the parallel market from N1,495 per dollar on Thursday. Similarly, the…
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