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Oando generates N60.3bn profit, N2.9trn revenue in 2023

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Oando Plc has announced a profit after tax of N60.3 billion in its audited financials for the full year ended 2023, transitioning from a...

36 states, FCT generate N2.43trn IGR in 2023

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The National Bureau of Statistics (NBS) has disclosed that the 36 states and the Federal Capital Territory (FCT) collectively generated N2.43 trillion as Internally...

NBS: Nigeria imported 20.30bn litres of petrol in 2023

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The National Bureau of Statistics (NBS) says 20.30 billion litres of Premium Motor Spirit (PMS), otherwise known as petrol, was imported in 2023. The NBS...

NBS: Nigeria’s unemployment rate hit 5.4% in 2023

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The National Bureau of Statistics (NBS) says the unemployment rate in Nigeria stood at 5.4 per cent in 2023. At the state level, Abia recorded...

17,600 Nigerian students gained admission to study in U.S. in 2023

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The United States Ambassador to Nigeria, Richard Mills Jr., has disclosed that over 17,600 Nigerian students secured admission to study in U.S. institutions in...

NNPCL posts N3.3trn ‘highest-ever’ profit, N2.1trn dividend for 2023

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The Nigerian National Petroleum Company Limited (NNPCL) has declared a net profit of N3.297 trillion at the close of the financial year which ended...

NBS: Judges, Customs officials, others collected N721bn bribe in 2023

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The National Bureau of Statistics (NBS) has disclosed that judges and officials of the Nigeria Customs Service (NCS) allegedly demanded and received N721 billion...

Minister: Politicians I helped to power in 2023 now avoid me

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Minister of Works David Umahi says most politicians he helped to power during the 2023 general election now avoid him. Umahi said this while speaking...

Transcorp Power records N142bn revenue, N23.46bn dividend

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Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has recorded gross earnings of N142.1 billion in 2023. Transcorp Power said its gross...

Spotify: Nigerian singers earned N25bn from streaming in 2023

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Spotify, a global online music streaming platform, says it paid more than N25 billion to Nigerian singers as royalties in 2023. Spotify disclosed this via...
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