NASS commends Minister Tunji-Ojo over 2024 budget performance
The Senate and House of Representatives Committees on Interior, on Wednesday, commended the Minister of Interior, Dr. Olubunmi Tunji-Ojo over the 2024 budget performance of the Ministry.
Naira depreciates to N1,660/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday. But, the Naira appreciated to N1,549 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) […]
Our transactions with General Hydrocarbons – First Bank
Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments […]
AI: Decentralise electricity supply — Okonjo-Iweala
The Director-General of the World Trade Organisation, WTO, Dr Ngozi Okonjo-Iweala, has advocated a decentralised approach to electricity supply in Nigeria.
Nigerian scientist uncovers cell conversations to revolutionise ovarian cancer treatment
By Dickson Omobola In a groundbreaking study that may redefine cancer therapy, Nigerian-born scientist, Dr. Sodiq Ayobami Hameed, has spotlighted an overlooked cellular phenomenon, one that could transform how doctors predict and treat ovarian cancer. Rather than focusing solely on tumour cells, his research shines a light on who these cells are “talking to” inside […]
Underfunding, huge debts, root causes of power sector failure
The poor financial capacities of Electricity Distribution Companies, DisCos, their huge indebtedness, and takeover by financial institutions, are currently militating against the performance of Nigeria’s power sector.
