The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed claims that the recently restarted Port Harcourt Refinery is not producing petroleum products. In a statement, NNPC Ltd said the refinery is currently operating at 70% of its installed capacity, with plans to...
President Bola Tinubu has expressed optimism that Nigeria is on course to becoming a $1tn economy by 2030. This assertion is based on the recent GDP growth of 3.46% in the third quarter of 2024, as reported by the National Bureau of Statistics. According to the NBS report, Nigeria’s...
The Attorney General of Ondo State in Southwest Nigeria, Dr Kayode Ajulo, has issued a stern warning to all unlicensed lottery and gaming operators in the state to regularise their activities immediately or face legal consequences. This directive comes on the heels of Nigeria’s...
Nigeria’s unemployment rate has dropped to 4.3% in the second quarter of 2024, marking a significant improvement in the country’s labour market. According to the National Bureau of Statistics, this decline represents a decrease from the 5.3% recorded in the first quarter of...
Nigeria’s National Economic Council (NEC) has urged state governments to patronize technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI). This move aims to fast-track Nigeria’s industrialization. According to a press...
