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Economy: 767 manufacturers closed shop, 335 companies distressed in 2023 – MAN

The Manufacturers Association of Nigeria (MAN) said on Wednesday that at least 335 companies were distressed in 2023 while 767 manufacturers ceased operations...

Executive order: Tinubu positions Nigeria as prime destination for investment in Africa’s energy sector

In keeping with his dedicated efforts to remove obstacles to investments in Nigeria, harness the nation’s resources and diversify the economy for the...

 Edo Deputy Governor, Philip Shaibu, faces impeachment

The Edo State House of Assembly has commenced impeachment proceedings against the State Deputy Governor, Mr. Philip Shaibu. The Majority Leader, Mr. Charity...

Stagflation, not inflation, is Nigeria’s problem, says financial expert

Dr. Mukaila Akinde, the Rector of the Federal Polytechnic, Ilaro, Ogun State, says high unemployment and excessive inflation, called stagflation in economic parlance,...

Agriculture minister blames smuggling for food scarcity in Nigeria

The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has said the smuggling of food to neighbouring countries is one of the...

Power outage “sacks” senators, Senate President apologizes

The Nigerian Senate was forced to postpone its sitting on Tuesday as power outage hit the National Assembly complex. The senators had to...

Transcorp Power Plc increases its market capitalization by N2trn, listed on Nigerian Exchange

Transcorp Power Plc, the nation’s biggest gas-powered generating company, has listed its shares on the Nigerian Exchange (NGX) thereby granting the investing public...

Pres.Tinubu returns to Abuja after two-day visit to Qatar

After a two-day official visit to Qatar at the invitation of Sheikh Tamim bin Hamad Al Thani, the Emir, President Bola Tinubu has...

Ogun Gov. Abiodun felicitates new Immigration Service CG, Kemi Nandap, says it’s well deserved

  Gov. Dapo Abiodun of Ogun State has felicitated Mrs. Kemi Nandap as the new Comptroller-General of the Nigeria Immigration Service, describing the...

Transcorp Group announces listing of Transcorp Power Plc by introduction on Nigerian Exchange’s Main Board March 4

Transnational Corporation Plc (Transcorp Group) wishes to announce the listing of its subsidiary, Transcorp Power Plc (Transcorp Power or TP Plc) via listing...

High Cost of Government, Low Outcome by Dakuku Peterside 

President Bola Ahmed Tinubu has taken both symbolic and structural actions to demonstrate his belief that the current high cost of government is...

Enraged crowd lynches two policemen for fatally crushing three in Edo

Two mobile police officers who worked for a former member of the Edo State House of Assembly have been reportedly lynched by an...

Food, other items looted in NEMA warehouse, Abuja

Scores of inhabitants of the Federal Capital Territory (FCT) have looted a warehouse owned by the National Emergency Management Agency of Nigeria (NEMA)....

Mr. Ibu dies at 62 after battling prolonged illness

Less than 24 hours after the death of actor Sisi Quadri, Nollywood has again been thrown into mourning following the death of actor...