Petrol Imports Surge to 154m Litres Weekly Amid Naira-for-Crude Crisis   Seven vessels carrying imported Premium Motor Spirit, popularly called petrol, are expected to berth at seaports along the nation’s borders between Monday, March 17, and Sunday, March 23. According to a...

Edun, Cardoso Team Up to Boost Fiscal-Monetary Policy Synergy   The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso yesterday, convened a high-level meeting...

CBN: Digital Revolution as Catalyst for Financial Inclusion, by Rahma Olamide Oladosu   In the rapidly evolving landscape of global finance, digital transformation has emerged as a driving force that reshapes financial institutions worldwide. At the forefront of this revolution in...

Nigeria Spends $4bn on Steel Imports Annually   The Minister of Steel Development, Prince Shuaibu Abubakar Audu, has said Nigeria imports about $4 billion worth of steel annually, stressing the need for import substitution to reduce pressure on foreign exchange (forex). Speaking...

FG Attracts $14bn, €250m Investments From Netherlands, India   Nigeria has secured an investment of $14bn from India, spanning multiple sectors, according to the Minister of Foreign Affairs, Yusuf Tuggar. The announcement was made during the 5th Ministerial Press Briefing in Abuja...

FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks The Federal Government has said that it is going to provide another N400bn gas infrastructure fund to beneficiaries of the scheme in the next two weeks. The Minister of Petroleum...