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Nigeria’s Electricity Distribution Companies Face 33% Revenue Shortfall in 2024 Due to Metering Gaps and Poor Service Nigeria’s electricity distribution companies (DisCos) experienced a 33% revenue shortfall in 2024, as they managed to collect only ₦1.699 trillion from customers out…
Nigeria’s massive Dangote Oil Refinery has emerged as a key player in supplying the United States with jet fuel, helping to meet soaring demand that reached a two-year high in March, according to a Reuters report. By significantly increasing its…
Dangote Announces Plans to Build Nigeria’s Largest Port in Ogun, Revives Olokola Free Trade Zone Project. Billionaire businessman and President of the Dangote Group, Alhaji Aliko Dangote, has revealed plans to establish Nigeria’s largest port in the Olokola Free…
NCAA Finally Grants Max Air Approval to Resume Domestic Flights After 90-Day Suspension. Max Air has been cleared by the Nigeria Civil Aviation Authority (NCAA) to resume its domestic flight operations after a voluntary 90-day suspension. The approval takes…
Nigeria Partners with UK’s Zander Corporation to Combat Desertification, Secures £250,000 for Afforestation In a major step towards tackling desertification and promoting afforestation, Nigeria has entered into a strategic partnership with the United Kingdom’s Zander Corporation, securing a £250,000 donation…
In a significant move to address neglected crises around the globe, the United Nations’ Central Emergency Response Fund (CERF) has allocated $110 million to countries in Africa, Asia, and Latin America. This allocation comes at a critical juncture as global…
Financial analysts have recently delved into MTN Nigeria’s (MTNN) latest financial performance, scrutinizing the company’s impressive revenue growth alongside the challenges it continues to face, such as foreign exchange (FX) losses, negative retained earnings, and investor apprehensions regarding dividend payments.…
During the first week of Ramadan, markets in Abuja, the Federal Capital Territory (FCT) of Nigeria, are witnessing a welcome decline in food prices. This development has provided much-needed relief to citizens observing the holy month, who are seeing their…
Managing personal finances effectively is a cornerstone of achieving long-term financial stability and success. For beginners, navigating the world of budgeting, saving, and investing can feel overwhelming. However, with the right approach, you can establish a solid foundation for financial…
Here is Why Online Networking is Crucial in Today’s Professional World. Discover why online networking is crucial in today’s digital age. Learn how it helps build connections, find mentors, and grow your personal brand. Start networking now! Networking has…