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Oil Companies to Pay $300 Helicopter Landing Levy – Keyamo

Oil Companies to Pay $300 Helicopter Landing Levy - Keyamo The Federal Government has reinstated the $300 offshore helicopter landing levy, shifting the burden of payment from helicopter operators to oil companies. This development was revealed by the Minister of Aviation...

AfDB Grows Capital from $93bn to $318bn in 10 years as Adesina Bows Out

AfDB Grows Capital from $93bn to $318bn in 10 years as Adesina Bows Out The African Development Bank (AfDB) recorded a surge in capital growth, expanding by 241.9% over the past decade. This is just as the institution prepares for a...

CBA: FMBN Banking App to Ease Mortgage Access, Avoid Glitches – Experts

CBA: FMBN Banking App to Ease Mortgage Access, Avoid Glitches - Experts Experts and real estate practitioners have been assessing the newly launched core banking app by the Federal Mortgage Bank of Nigeria (FMBN), saying it has the potential to...

Electricity Subsidy Debt Rises 2.7% to N982bn in Five Months

Electricity Subsidy Debt Rises 2.7% to N982bn in Five Months The Federal Government’s outstanding debt to electricity distribution companies in subsidy payments increased by N5.3bn or 2.7 per cent in the first five months of 2025 to N982.4bn. It surged from...

Nigeria’s Crude Export Revenue Declines 17% to $6.68bn in Two Months – Report 

Nigeria's Crude Export Revenue Declines 17% to $6.68bn in Two Months - Report  Nigeria’s revenue from crude oil export fell by 17 per cent in the first two months of the year to $6.68 billion driven by lower price of...

Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant

Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant President Bola Ahmed Tinubu has formally requested the approval of the National Assembly (NASS) for $21.5 billion External Borrowing Plan for 2025-2026 as well as a $2...
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