Exclusive articles:
DisCos’ revenue during blackouts reached its highest point in a decade
In 2023, the eleven distribution firms of electricity (DisCos) in Nigeria's energy supply sector generated N1 trillion in revenue, which is the most amount...
Canva purchases Affinity to compete with Adobe
Canva Inc., an Australian unicorn, has completed its largest purchase to date, and acquired the Affinity suite of creative tools, to enhance its position...
FG to establish a natural gas park at Ajaokuta Steel Company
Ajaokuta Steel Company in Kogi will soon have a Compressed Natural Gas (CNG) park, according to proposals released by the federal government.
The revelation was...
Rate increase expected again when the hawkish MPC meets
Expectations are strong that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would announce another rate hike after their meeting...
Nigeria’s debt servicing expense will quadruple to N7.8 trillion for 2023
Nigeria paid N7.8 trillion towards debt service in 2023—a 121% increase over N3.52 trillion in debt service from the year before.
This is based on...
