NLC, OPS Fear Rising Inflation Amid Failed Food Import Policy
The Nigeria Labour Congress and members of the organised private sector have strongly criticized the Federal Government for its slow pace in implementing a duty waiver on imported food, which...
Nigeria has made a significant move to enhance its economic ties with Saudi Arabia through a high-level visit to Riyadh led by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.Â
Access Bank Plc, Nigeria's largest lender by assets, has raised 351 billion naira ($228 million) through a rights offer to strengthen its capital beyond a new regulatory requirement as part of its expansion strategy.Â
In 2024, the Federal Government of Nigeria invested N8.73bn in airport power infrastructure, mainly to guarantee a reliable electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport in Abuja.Â
The World Bank has increased the federal government's target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting their confidence in the country’s progress despite earlier setbacks.Â
According to Aminu Gwadebe, the President of the Association of Bureau De Change of Nigeria (ABCON), has said that the 1500/$ peg in the 2025 Appropriation Bill was within reach on the back of recent foreign exchange reforms being pushed by the Central Bank of Nigeria.Â