Hafsat Ibrahim

Nigeria’s Oil Production 7,000bpd Above OPEC Quota

According to a report by the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s average daily crude production rose to 1,507,000 barrels per day in July,

UBA, BoI Launch N5bn Facility for Female Entrepreneurs

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

Nigeria, Brazil to Sign MoU on Direct Flight

The Federal Republic of Nigeria is set to sign a Memorandum of Understanding (MoU) with the Federative Republic of Brazil on a Bilateral Air Service Agreement (BASA) to unlock direct flights.

EFCC Recovers N5bn, $10m in Refinery Turnaround Maintenance Fraud

The Economic and Financial Crimes Commission (EFCC) has recovered more than N5 billion and $10 million from contractors and government officials implicated in fraudulent activities linked to the turnaround maintenance of Nigeria’s refineries in Port Harcourt, Kaduna, and Warri.

Primary Healthcare Centers Receive N50bn in Q1 2025

The Minister of Health and Social Welfare, Muhammad Pate, has disclosed that from 2023 to date, nearly N50 billion has been disbursed directly to Primary Health Centers (PHCs) across Nigeria.

Despite Inflation Decline Food Prices Remain High – CPPE

The Centre for the Promotion of Private Enterprise, CPPE, has said food price rises persist despite the fourth consecutive decline in headline inflation in July 2025.
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