The Federal Road Maintenance Agency (FERMA) says many of nation’s highways have exceeded their lifespan and urgently need reconstruction. Managing Director/Chief Executive Officer of FERMA, Nuruddeen...
The appreciation of the naira witnessed in the black market segment of the foreign exchange market towards the end of last week has been described as...
The Nigerian Railway Corporation says reports of Abuja-Kaduna rail service resuming on November 24 are not true and should be disregarded. The reports came days after...
Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-funded...
As the Central Bank of Nigeria now allows banks to accept cash deposits above the previously set limit of N500,000, it has asked commercial banks not...
The naira on Saturday recorded a major gain against the dollar, closing at N680/$ at the parallel market in a new wave of sustained recovery after...
Minister of Science, Technology and Innovation, Senator Olorunnimbe Mamora, has expressed excitement over the establishment of an auto assembly plant that can also produce drones in...
The Federal Airport Authority Authority of Nigeria (FAAN) says it has reopened the domestic runway (18L/36R) of the Murtala Muhammed Airport (MMA) in Lagos, for flight...
University of Lagos is set to manufacture drones in addition to assembling of vehicles, providing its engineering lecturers and students the hands-on or practical skills for...
The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains on the parallel market as it...