Tinubu Appoints Aliyu as PTDF Boss, Renews Abdulaziz’s Appointment as TCN Head President Bola Ahmed Tinubu has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). He replaces Ahmed Galadima Aminu, who recently...

Manufacturers Grapple with 60% Lending Rates Despite CBN Easing Measures Manufacturers in Nigeria continue to face borrowing costs as high as 60 per cent despite recent monetary policy easing by the Central Bank of Nigeria, new data from the apex...

Brent Crude Drops to $101 Amid US Withdrawal from Iran Oil prices slumped on Wednesday amid reports that the United States would be “out of Iran pretty quickly” and could return for “spot hits” if needed. President Donald Trump told Reuters...

World Bank Approves $500m Credit to Boost Nigeria’s Agriculture The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding will suppo_rt...

CBN Raises N4.65trn as Bank Recapitalisation Exercise Ends The Central Bank of Nigeria (CBN) has announced the conclusion of its recapitalisation exercise in Nigeria’s banking sector, targeted at boosting the resilience of the financial system. This was disclosed in a statement...

Tinubu Approves Second Runway for Abuja Airport President Bola Tinubu has again approved the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja, in a move aimed at strengthening Nigeria’s aviation infrastructure. This makes it the second approval...