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Beneficiaries receive $5,000 each as Tony Elumelu Foundation announces 2024 cohort

Nigeria, March 24 -- The Tony Elumelu Foundation (TEF) on Friday announced the selection of 1,104 beneficiaries from 54 African countries for the 2024 edition of its annual entrepreneurship programme.... Read More


Delta, Ekiti, Edo, Ondo seek shareholder rights in Benin Disco

Nigeria, March 23 -- The governments of Edo, Delta, Ondo, and Ekiti states have informed the Nigerian Electricity Regulatory Commission (NERC) of their intention to exercise shareholder rights in the ... Read More


Adelabu speaks on disquiet over N12.7 billion meter installation contract

Nigeria, March 21 -- The PowerUp Initiatives for Electricity Rights (PowerUp Nigeria) has urged the Federal Executive Council (FEC) to revive the award of a N12.7 billion meter installation contract t... Read More


Moove secures $100 million in series B funding

Nigeria, March 20 -- Moove, a mobility fintech startup, announced Tuesday it has raised $100 million in Series B funding. The round, led by Uber, includes contributions from its previous investor Mub... Read More


Undersea Cable Cuts: Services 90% restored - NCC

Nigeria, March 19 -- The Nigerian Communications Commission (NCC) said voice and data services affected by undersea cable cuts have been restored. The NCC said this in a statement signed by Reuben Mu... Read More


Nigerian govt flags off N40 billion mass metering project across army formations

Nigeria, March 18 -- The Nigerian government has flagged off a N40 billion mass metering project to end the era of estimated billings in the Nigerian Army formations nationwide. Bolaji Tunji, special... Read More


Five things to know about internet disruptions caused by undersea cable cut

Nigeria, March 18 -- Nigerians including telecommunications companies, banks, and media among others were on Thursday hit by an internet outage as a result of damage to international undersea cables s... Read More


UPDATED: Nigeria's inflation hits 31.70% amid high food prices

Nigeria, March 15 -- Nigeria's annual inflation rate rose to 31.70 per cent in February from 29.90 per cent in January, the National Bureau of Statistics (NBS) said on Friday. The statistics office s... Read More


Nigeria's inflation hits 31.70% amid high food prices

Nigeria, March 15 -- Nigeria's annual inflation rate rose to 31.70 per cent in February from 29.90 per cent in January, the National Bureau of Statistics (NBS) said on Friday. The statistics office s... Read More


Nigeria's crude oil production rose in February - OPEC

Nigeria, March 13 -- Nigeria's crude oil production rose in February, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. Oil production from the 12 members of the organisat... Read More