FG Approves Sale of Shell’s $2.4bn Onshore Asset to Renaissance Renaissance Africa Energy Company Limited, a local oil and gas consortium, says it has received ministerial consent to acquire Shell Petroleum Development Company. The company announced the development in a statement on Wednesday. The approval was reportedly...

Diaspora Remittances Rise 61% to $4.22bn - CBN The Central Bank of Nigeria has revealed that diaspora remittances processed through International Money Transfer Operators reached $4.22bn between January and October 2024. This figure nearly doubles the $2.62bn recorded during the same period in 2023. CBN Governor Olayemi...

Controversy as Head of Service Reverses Presidential Decision on New Accountant-General In a recent development, the Federal Government has decided to delay the appointment of Mr. Shelmsudeen Babatunde Ogunjimi as the new Acting Accountant-General of the Federation (AGF) following counsel from the Head of Civil...

Several African countries including Nigeria have partnered to create a continental credit rating agency to counterbalance Western credit rating agencies’ bias against Africa.   

Although the federal government secured multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items have rosen by 60.88 per cent under the leadership of President Bola Tinubu, according to a report by The PUNCH. 

Kano Police Chief Records 1,483 Arrests, Achieves Remarkable Crime Control in Six Months The Commissioner of Police for Kano State, CP Salman Dogo Garba, has reported a significant breakthrough in the fight against crime, with the arrest of 1,483 suspects within six months. This achievement...