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...

Market Capitalization Drops to N65.8trn on NGX   The Nigerian Exchange Limited (NGX) recorded a decline in market capitalisation at the close of trading on Thursday, as the All-Share Index dropped marginally by 0.05 per cent. The total market capitalisation fell to...

51% Rise in Food Import Sparks Price Hike Fears   Agriculture stakeholders have predicted a new cycle of food price hikes by midyear of 2025 following increased food imports in 2024. The value of food imports in the previous year grew by...