Category: News

The Kogi State government has announced plans to conduct a bi-annual audit to assess Internally Generated Revenue (IGR) performance across the 21 local government areas in the state to strengthen fiscal discipline. The auditor-general for local government, Alhaji Yakubu Siyaka Adabenege, disclosed this during an appraisal meeting with chairmen, treasurers, and directors of local government […]

A year after undergoing life-saving surgery abroad, Moses Amiebenomo, widely known as Celebrity Carpenter, is back on the scene, stronger and more determined than ever. The renowned craftsman and CEO of Sagesse De Dieu Ltd marked his return with a bold announcement: a brand new luxury furniture showroom will open in Abuja this July. His […]

The Benue State Government has revealed that 107 survivors of the June 13 Yelwata attack by herdsmen, which claimed over 200 lives, were still receiving treatment at the Benue State University Teaching Hospital (BSUTH) in Makurdi. Executive Secretary, Benue State Emergency Management Agency, James Iorpuu who disclosed this when he received the Director General of […]

Jumia, Africa’s leading e-commerce platform, has re-platformed its advertising operations to Mirakl Ads as it sets its sights on a share of the rapidly growing global retail media market, which is projected to reach $204 billion by 2027. With this rollout, Jumia aims to transform its marketplace advertising strategy, unlocking new revenue streams, boosting seller […]

Nigeria’s tech ecosystem is reeling from a wave of high-profile startup shutdowns, with at least 15 venture-backed companies closing shop after collectively raising over $100 million in funding. From fintech and edtech to health tech and logistics, startups that once dazzled investors and attracted top global talents have found themselves unable to scale, unable to […]

There is an  ongoing controversy over the actual volume of Nigeria’s daily petrol consumption, with experts and industry stakeholders holding differing views amid claims of data inflation by the Dangote Group president, Alhaji Aliko Dangote. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) estimates the nation’s petrol consumption at around 50 million litres daily, […]

Stanbic IBTC Bank, has signed a three-year, CNY800 million term loan agreement with China Development Bank (CDB). This landmark facility, executed under the strategic collaboration framework between the  Standard Bank Group (SBG) and CDB, marks a significant milestone in deepening financial cooperation between Africa and China. The facility underscores Stanbic IBTC Bank’s direct access to […]

Nigeria is opening conversation with the Organisation of Petroleum Exporting Countries (OPEC), seeking production capacity of 2.4 million barrels per day (bpd). The federal government is also targeting production of 2 million bpd, including 1.7 million bpd of crude oil and 300,000 bpd of condensate output. Nigeria, is seeking a production target under the OPEC+ […]

The uMkhonto weSizwe (MK) Party of South Africa has backed Morocco’s sovereignty over the Western Sahara breakway and expressed support for the kingdom’s autonomy plan. Former President of South Africa and leader of the MK party, Jacob Zuma, stated that his party believed Morocco’s Autonomy Proposal allows for significant local governance by the populations of […]