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By Derrick Bangura Nigeria’s federal government announced on Thursday that it had settled approximately N3.5 trillion in power generation companies (Gencos) invoices out of a total...
By Derrick Bangura The federal government says it will use $2.2 billion of the eurobond proceeds to cover under-recovery costs for petrol. The government also stated...
By Derrick Bangura In recent weeks, the de-facto leaders of Saudi Arabia and the United Arab Emirates have declined calls with US President Joe Biden...
By Derrick Bangura According to internal emails obtained by Reuters on Thursday, Meta Platforms (FB.O) will allow Facebook and Instagram users in some countries to call...
By Derrick Bangura As the crisis afflicting Nigeria’s National Union of Road Transport Workers (NURTW) in the state continues, the Lagos State government announced late Thursday...
By Derrick Bangura According to the Republic of Korea, the volume of trade between the country and Nigeria increased to $2 billion last year. Mr. Kim...
By Derrick Bangura The Transmission Company of Nigeria (TCN) attempted to explain the worsening of the country’s power supply on Tuesday, claiming that the Generation Companies...
By Derrick Bangura The Nigerian government on Wednesday urged Turkish authorities to consider funding major oil and gas projects in the West African country, in light...
By Derrick Bangura Between 2016 and 2020, the African Export-Import Bank (Afreximbank) invested more than $42 billion in support of African businesses, according to the Nigerian...
By Derrick Bangura The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria issued an interim order on Wednesday prohibiting scheduled domestic airline operators from “any...
