‎OPL 245 Settlement Will Reposition Nigeria’s Economy - AGF ‎ ‎The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245 will strengthen Nigeria’s fiscal position and...

Sugar Production: NSDC, BOI Establish N10bn Fund to Support Greenfield Project Development The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have established the Sugar Project Acceleration Fund (SPAF) as part of efforts to support the emergence...

‎Hormuz Crisis Raises Alarm for Nigeria, S/Arabia as Global Oil Lifeline Faces Disruption ‎ ‎Rising tensions in the Middle East have placed the strategic Strait of Hormuz at the centre of a growing global economic concern, with analysts warning that a...

Sanwo-Olu, Soludo, Tunji-Ojo, Afe Babalola, Others for 2026 Face of Africa Leadership Award in London   Several prominent Nigerian leaders and business figures, including Lagos State Governor Babajide Sanwo-Olu, Anambra State Governor Chukwuma Charles Soludo, Minister of Interior Olubunmi Tunji-Ojo, and...

NEC Secretariat Gets N7.9bn Amid Funding Shortfalls for Agencies The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N7.895bn as funding for the operations of the Secretariat of the National Economic Council in 2025, despite widespread complaints by Ministries,...

30 Banks Hit Recapitalisation Target Ahead of March Deadline   Thirty banks have met the new minimum capital requirements introduced under the Central Bank of Nigeria’s banking sector recapitalisation programme, the apex bank disclosed on Friday. The CBN said the recapitalisation exercise,...