Farmtech Integrated Services, a subsidiary of Komponents and Solutions Rack Limited has embarked on energy project expansion that will deliver cost-effective solutions in Nigeria. Consequently, the firm will unveil Sunwoda Energy Products in Lagos which include a range of advanced ...
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Energy Experts Slam World Bank Fuel Import Advice As Violation Of Petroleum Law, Threat To Self-reliance
Energy experts have criticised the World Bank’s recommendation for Nigeria to deepen fuel importation and fully liberalise its downstream sector, calling the advice ill-timed, economically regressive, and in direct violation of the Petroleum Industry Act (PIA). An energy economist and ...
Read More »Value Addition, Not Import-driven Solutions Will Sustain Nigeria’s Economy— Economist
The Centre for the Promotion of Private Enterprise (CPPE), has advised that the federal government should strengthen its fiscal reforms and boldly encourage local production to sustain economic growth and development. The Center argued that no economy will thrive on ...
Read More »Deputy Speaker Benjamin Kalu Earns PhD In Law, Inspires Youth with Academic Excellence
By our Correspondent The Deputy Speaker of Nigeria’s House of Representatives, Rt Hon. Benjamin Okezie Kalu has added another remarkable achievement to his profile, earning a Doctor of Philosophy (PhD) in Law from the Faculty of Law at the University ...
Read More »NFF Confirms England-born Goalkeeper, Okonkwo, Ready For Nigeria Call-up
The Nigeria Football Federation, NFF, has confirmed that goalkeeper Arthur Okonkwo is set to make his debut for the Super Eagles at the forthcoming Unity Cup tournament, which is scheduled for next month. Okonkwo has recently finalized his change of ...
Read More »Oil Prices Slide 15% on Trump-Iran Ceasefire, Amid Saudi Pipeline Attack
Crude oil prices slid on Wednesday after U.S. President Donald Trump announced a two-week postponement of strikes on Iranian civilian infrastructure, framing it as a “double-sided ceasefire” tied to Iran reopening the Strait of Hormuz. WTI crude oil futures fell ...
Read More »FCMB, World Bank Support $500m Reform Programme To Boost Human Capital
The Lagos State Government, alongside the World Bank and First City Monument Bank (FCMB), is driving the Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) programme, a $500 million initiative aimed at strengthening the systems that underpin basic education and ...
Read More »World Bank Forecasts Economic Growth For Nigeria Despite Impact Of Iran War
Nigeria’s economy is expected to maintain a steady growth path in the first half of 2026, even as global tensions triggered by the Iran war ripple through energy markets and domestic prices, the World Bank said on Tuesday. The Bank ...
Read More »Fortis Global, 9 Others Top Stocks Best-performing Chart In Q1
Fortis Global Insurance Plc and nine others emerged as top best-performing Nigerian stocks in the first quarter of 2026. Fortis Global Insurance top the best-performing Nigerian stocks in Q1 after resuming trading on the NGX in February following a six-year ...
Read More »IMF Warns Nigeria On Debt Prudence Amid $6B Infrastructure Loan Approval
The International Monetary Fund (IMF) has urged caution in managing external loans as Nigeria’s federal government secures a $6 billion facility to accelerate infrastructure development in transport and energy sectors. Approved from a consortium of international lenders, the funding aligns ...
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