Category : News

The naira appreciated significantly against the dollar in the foreign exchange market as FX supply surged. FMDQ data showed the naira strengthened to N1639.50 against the dollar on Thursday from N1,681.65 exchanged on Wednesday. This represents a N42.15 appreciation. Meanwhile, at the black market, the naira depreciated to N1750 per

Nigeria was on Thursday plunged into darkness as the country’s national grid collapsed again. The power supply was disrupted around 11:20 am on Thursday. This was confirmed on X by Nigeria National Grid via @NationalGridNg It tweeted: “BREAKING: Another Grid Setback Experienced.” This is the second time the grid has

Donald Trump of the Republican Party has said he’s going to make America great again as he has been projected to win the presidential election. He made this known in his speech on Wednesday while addressing voters at Florida after securing 266 electoral college votes, ahead of Kamara Harris, Presidential

A United Kingdom-based energy revenue management company, SteamCo, has announced a merger with Nigerian Shyft Power Solutions to end national grid collapses and energy crises in Nigeria and Africa. The company said the move was necessary to tackle the age-long power sector crisis in Nigeria and Africa through digital energy,

Former President Donald Trump has said he will fight for America every single day of his life. He stated this while addressing his supporters on Wednesday. This comes after Trump Fox News projected Trump to win the country’s presidential election. Trump had earlier won Georgia, North Carolina and Pennsylvania, key

The Delta State chapter of the All Progressives Congress (APC) has welcomed the recent arrest of former Governor Ifeanyi Okowa, describing it as a step in the right direction in the fight against corruption in the country. The APC, in a statement issued shortly after the news broke, emphasized that

The Federal High Court in Abuja has dismissed the treason charges brought against the #Endbadgovernance# movement by the Inspector General of Police. Justice Obiora Egwuatu dismissed the charges on Tuesday after they were withdrawn by the Attorney General of the Federation and Minister of Justice, Prince Lateef Olasunkanmi Fagbemi, SAN,

The United States has sent a medically equipped aircraft to evacuate the embattled Binance Holdings Limited executive, Tigran Gambaryan from Nigeria. Tigran Gambaryan was evacuated after the Nigerian government on Wednesday dropped money laundering charges earlier brought against him. The US National Security Advisor, Jake Sullivan revealed that Gambaryan’s release

The Federal Government has announced the removal of the Value-Added Tax on Liquefied Petroleum Gas (cooking gas), Compressed Natural Gas, Automotive Gas Oil(Diesel), and other reliefs to boost investment and tackle economic hardship in the country. It also announced VAT reliefs for the importation of key energy products and infrastructure,

Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers, making it impossible to apply for the commodity. The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike