Dangote Donates Health, Educational Facilities In Coal Communities   The Dangote Coal Mines Limited has donated multi-million naira health and educational facilities to the coal mining communities of Ankpa, Kogi State. The newly launched facilities are located in the host communities of...

DMO Projects Nigeria’s Debt-to-GDP Ratio To 37.1% Increase In 2023  The Debt Management Office (DMO) has projected that Nigeria’s total public debt could rise to 37.1% of its gross domestic product (GDP) this year, nearing the government’s self-imposed 40% limit. The...

Paris Summit: Subsidy Removal, FX Policy Needed For Economic Growth - Tinubu President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and receive investments from foreign partners. He premised this on the ongoing reforms such as...

FG Issues 50 New Power Generation, Metering Licences   The Federal Government in the last quarter of last year issued 50 new power generation and metering permits. A report by the Nigerian Electricity Regulatory Commission (NERC) stated that it approved the issuance...

Lack of Capital, Others Cause 80% of SMEs Die Under Five Years — Report   About 80 per cent of Small and Medium Enterprises fail before their fifth anniversary due to harsh economic environments, lack of access to capital, and poor...

FAAC: FG, States, LGAs share N786bn in May   The Federation Account Allocation Committee (FAAC) says it shared N786.16bn among the three tiers of government in May 2023. The figure represents an increase of N130.23bn compared to the N655.93bn shared in April...