FG to Float N300bn in Green Bonds in 2025 Minister of Environment Balarabe Lawal, has disclosed that the federal government is set to issue a third and fourth tranche of green bonds totaling N300 billion ($200 million) in 2025, deepening its commitment to sustainable finance...

FG Signs $158m Financing Agreement to Boost Agriculture in Nine Northern States The federal government has signed a $158.15 million financing agreement to implement the value chain programme in northern Nigeria (VCN). The deal, signed at the presidential villa on Wednesday, aims to transform agriculture across...

Senate Passes Two Tax Reform Bills, Pegs VAT at 7.5% The Senate has passed two out of four major tax reform bills proposed by President Bola Tinubu. However, the upper chamber rejected a proposal to increase the value-added tax (VAT) to 10 percent, opting to retain...

Naira Falls Slightly to ₦1,610/$ in Parallel Market The naira depreciated slightly against the US dollar, losing ₦1.02 on a day-to-day basis to trade at ₦1,610 on Tuesday, compared to ₦1,606 on Monday. According to Aboki Forex data as of May 7, the naira was trading...

Kano LGAs to Contribute N670m for Emir Sanusi’s Cars The Kano State government has directed each of the local government areas to contribute N15.2 million—totalling N670 million—for the refurbishment and purchase of new vehicles for Emir Muhammadu Sanusi II. The directive which was first made...

Manufacturers Demand Presidency, NASS to Patronise made-in-Nigeria Goods The Manufacturers Association of Nigeria (MAN) yesterday said the presidency, National Assembly and the government uniformed agencies like military and police must patronise made-in-Nigeria materials following the presidential policy on the local content tagged Nigeria First Policy. Economic...