President Tinubu Seeks Fresh $8.699bn, €100m Loans   Barely one month after seeking approval for $7.8 billion and €100 million loans from the National Assembly, President Bola Ahmed Tinubu, again yesterday, asked for fresh foreign loans of $8.699 billion and €100...

Naira Steadies At Parallel Market at 1,160/$   The pressure on the foreign exchange (FX) market marginally eased on Tuesday as naira steadied against the United States dollar in the parallel market. According to Aboki FX, the naira sold for N1,160 on...

Reps Query Ministry Over N4bn Spend on Recruiting 100 Sanitation Personnel   The House of Representatives Public Account Committee has queried the Ministry of Water Resources for spending N4 billion on the recruitment of 100 personnel for a period of three...

Report Reveals Nigerian Investors Raise $94bn Climate Capital   It has been revealed that retail investors are able to raise $94bn towards climate change financing in Nigeria by 2030. This was revealed in Standard Chartered’s latest Sustainable Banking Report 2023, which also...

Why FG Prefers Imported Vehicles - Minister   Nigerian government prefers to buy imported vehicles because local manufacturers are still found wanting in terms of providing after-sale service, the Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite had disclosed. The minister...

CIF Appoints Nigerian, Tariye Gbadegesin as CEO   The $11 billion multilateral lender Climate Investment Funds, which works with the World Bank and others to accelerate investment in the developing world, has appointed Tariye Gbadegesin as its new chief executive, the...