Business

Caverton Offshore Support Group Plc has reported an N50.53bn loss for the financial year ended December 31, 2024, marking a decline from the N12.89bn loss recorded in 2023. In …

Nikon has launched its latest camera, the Z50II, an AI-incorporated device for photography and videography. In a statement, Nikon said it showcased the camera’s features at an event for …

The Manufacturers Association of Nigeria has reiterated its determination to push for a reduction in electricity tariffs while cautioning the Federal Government against politicising the planned Gross Domestic Product …

The University of Benin has received its first solar-powered borehole, courtesy of LG Electronics, to transform water supply on campus. According to a statement, the recently commissioned project aimed …

A new report by Tracka, BudgIT’s service delivery monitoring platform, has revealed that 129 projects were abandoned despite contractors receiving payments totalling N3.9bn from the Federal Government. The report, …

FBN Holdings grew its gross earnings by 113 per cent to N3.33tn in the 2024 financial year. This was indicated in the group’s unaudited financial statement published on Thursday …

Nigeria’s exports of liquefied natural gas saw a significant decline of 20 per cent last week, following an attack by suspected vandals who damaged crucial pipelines. is disruption severely …

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that without the bank’s policy interventions, inflation would have surged to 42.81 per cent by December 2024. …

The Nigerian National Petroleum Company Limited has flagged off the construction of five mini Liquefied Natural Gas plants in Ajaokuta, Kogi State, saying it was part of its commitment …

In its bid to close the electricity gap in Nigeria, the Federal Government has unveiled an ambitious energy access programme to transform Nigeria’s energy sector. It said the programme …