Hafsat Ibrahim

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Nigeria, UAE Firms Seal $200m Defence Tech Deal

Nigeria is set to attract $200m in investment through a new partnership between Nigus International Investment Limited and UAE-based Elmirate Investment LLC (Elmirate Capital).

Nigeria Records $96bn Crypto Transactions – SEC

Nigeria’s digital finance ecosystem recorded about $96bn in cryptocurrency and virtual asset transactions, according to SEC Director-General Emomotimi Agama.

States Responsible for 48% of Public Spending, Minister Says

The Federal Government has disclosed that state governments account for about 48% of Nigeria’s total public expenditure, underscoring the need for stronger coordination across all tiers of government.

Food Inflation Returns to Double Digits at 12.12%

Nigeria’s food inflation rate rose to 12.12% in February 2026, reversing the single-digit level recorded in January and signalling renewed pressure on household food costs.

‎Tinubu Swears in Taiwo Oyedele as Minister of State for Finance, Hails Expertise, Dedication

‎President Bola Tinubu on Monday swore in Mr Taiwo Oyedele as Minister of State for Finance, describing his appointment as a strategic move to consolidate ongoing fiscal and tax reforms aimed at strengthening Nigeria’s economic stability.

Dangote Signs $4.2bn Gas Deal with China’s GCL

Dangote Industries Limited (DIL) has signed a landmark US$4.2 billion, 25‑year natural gas supply agreement with China’s GCL Group to power its fertilizer megaproject in Ethiopia.
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