FG Approves N4bn Conditional Cash Transfer for Vulnerable Households The Federal Government of Nigeria has given the green light for a N4 billion conditional cash transfer program aimed at supporting vulnerable households across the country. During the launch of the 2025...

Nigeria's Foreign Exchange Reserves Drop $832m in Just Two Weeks   Nigeria's foreign exchange reserves experienced a substantial decrease in the first three weeks of January, plummeting by $832.62 million from January 6 to January 21. This sharp decline underscores the...

LCCI Forecasts Decrease in Interest Rates for 2025   The Lagos Chamber of Commerce and Industry (LCCI) has forecast a decline in interest rates for 2025, citing a slowdown in inflation as a key factor. This positive outlook suggests that borrowing...

Nigeria's Energy Sector Secures $6.7bn Investment in 2024   Nigeria's energy sector saw a significant boost in 2024, with investments totaling $6.7 billion, according to Olu Verheijen, Special Adviser to the President on Energy. Verheijen revealed this in a report titled ‘Presidency...

FG Eyes $5bn Revenue from Annual Osogbo Festival   The Federal Government through the National Institute for Cultural Orientation (NICO) has unveiled an ambitious plan to host the Annual World Orisa Congress, with projections indicating a potential revenue generation of over $5 billion. NICO...

'Nigeria's 15% Inflation Target for 2025 'Achievable'   The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism about Nigeria’s inflation trajectory for 2025, asserting that the country could achieve a significant reduction from...