Covenant Umoru

Poor power supply: FG signs MOU for 1GW Solar plant

Poor power supply: FG signs MOU for 1GW Solar plant

The effects of poor power supply on Nigeria's economy have been devastating. The country has been plagued by frequent power… Read More

2 years ago

Sunil Natraj becomes  new Jumia CEO for Nigeria

Sunil Natraj is the new Chief Executive Officer for Nigeria, according to a Jumia announcement. An official statement from the… Read More

2 years ago

Nigeria’s trade surplus hits N3.5trn in 9 months – NBS

Nigeria’s trade surplus has hit N3.5 trillion between January to September 2023, the foreign trade report for the third quarter… Read More

2 years ago

FG to raise N298.4 billion from sales of national assets

By selling off certain government assets in 2024, the federal government hopes to raise N298.4 billion in revenue. This can… Read More

2 years ago

COP28: UK pledges £100m for vulnerable countries tackling climate change

The UK government pledged at the ongoing COP28 Summit to support vulnerable nations in enhancing their ability to withstand the… Read More

2 years ago

Africa’s inflation projected to rise by 17.1% in 2024 – AFDB

The steady rise in inflation rates across African countries has been a growing concern in recent years. This phenomenon can… Read More

2 years ago

Africa Aviation : Nigeria, Morocco and South Africa take Lead

In recent years, there has been a significant rise in aviation in Africa. This upward trend can be attributed to… Read More

2 years ago

Liquidated banks: NDIC set to recover N400b loans

Recovering loans from liquidated banks in Nigeria has been an arduous task for both borrowers and the government. The liquidation… Read More

2 years ago

Domestic Worker Abuse: Saudi Arabia Changes Rules

  According to Saudi’s General Authority for Statistics, there were a total of 3,579,960 domestic workers in Saudi Arabia at… Read More

2 years ago

Berkshire Hathaway’s Charlie Munger dies aged 99

Reputable US investor Warren Buffett's longtime friend and business partner Charlie Munger passed away on Tuesday at the age of… Read More

2 years ago

FG woos foreign investors with low production cost

For a number of years, Nigeria's low investor base has hampered the nation's ability to thrive economically. This issue is… Read More

2 years ago

SMEs : Stakeholders seek increased funding, access to market

For Small and Medium Enterprises (SMEs) to maintain global competitiveness,  stakeholders have emphasized the necessity of greater access to markets,… Read More

2 years ago