West Africa’s Food Economy To Hit $480bn By 2030 - UN   The United Nations office in Nigeria has projected that food economy in West Africa and Sahel sub-region would hit $480 billion in 2030 with non-agricultural sector accounting for 49...

Reps Probe 77 Oil Firms Over Unremitted N2.6trn Revenue   The House of Representatives, on Tuesday, commenced investigative hearing on the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. The House is acting on the 2019 report of...

Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension   The Senate Committee on Aviation, on Tuesday, met the Airline Operators of Nigeria over the threat by domestic airlines to suspend flight operations nationwide from Thursday due to high cost...

Report Says Nigeria Recorded N1.94trn Trade Deficit In 2021 Nigeria recorded N1.94tn foreign trade deficit in 2021, figures obtained from the National Bureau of Statistics revealed on Tuesday. According to its ‘Foreign trade in goods statistics Q4, 2021 report’, this was...

FG’ll Tap $2.2bn Eurobond For Fuel Subsidy Funding, Says Minister   The Federal Government is planning to tap €2bn ($2.2bn) by this month or next of the money it raised in a Eurobond sale last year and targets more local borrowing...

Reps Grill Amaechi, BPE Officials Over $214m Deep Blue Contract   The Bureau of Public Procurement (BPE) has told the House of Representatives’ Committee on Navy that it does not possess the documents presented by the HSL International Limited, which the...