Hafsat Ibrahim

Qatar Commits $300bn to Boost Nigeria’s Economy

A Qatari business delegation, led by a member of the country’s ruling family, Sheikh Abdulrahman Hamad N. H. Al-Thani, has announced plans to invest about $300 billion in various sectors of the Nigerian economy over the next decade.

FG Owes GenCos Fresh N1trn in Six Months

The Federal Government’s debt owed to electricity generation companies has risen to N1.05tn in the first half of 2025.

Geregu Power Records N25bn Profit

GEREGU Power Plc has reported a profit after tax of N25.1bn for the nine months ended September 30, 2025, representing a resilient performance amid rising finance costs and operational expenses.

Nigeria’s Public Debt Profile Rises to N152.4trn, DMO Reports

Nigeria’s total public debt has risen to N152.40 trillion as of June 30, 2025, from N149.39 trillion recorded at the end of March, according to the latest data released by the Debt Management Office (DMO).

FG Trains NAFDAC Officers to Enhance Quality Assurance for AfCFTA

The Federal Government, through the Nigeria AfCFTA Coordination Office, has trained Directors and key officers of the National Agency for Food and Drug Administration and Control (NAFDAC).

CBN Limits PoS Agents’ Daily Transactions to N1.2m

The Central Bank of Nigeria (CBN) has capped daily cash-out transactions for Point of Sale (POS) agents at N1.2 million and N100,000 for individual customers.
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