2025 Budget: FG to Allocate N1tn for Special Power Interventions The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing a range of multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide. It allocated N810bn to...

W’Bank Stops Loan Fees to Ease Borrowing for Poor Nations  The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts to expand financial capacity and address urgent global challenges, including...

Why We Reduced Petrol Price to N899 - Dangote  Aliko Dangote, President of Dangote Industries Limited, has disclosed that market dynamics are primarily responsible for the recent drop in the price of Premium Motor Spirit, commonly known petrol, to N899.50 per litre at its loading...

Access Bank Plc, Nigeria's largest lender by assets, has raised 351 billion naira ($228 million) through a rights offer to strengthen its capital beyond a new regulatory requirement as part of its expansion strategy. 

In 2024, the Federal Government of Nigeria invested N8.73bn in airport power infrastructure, mainly to guarantee a reliable electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport in Abuja. 

The World Bank has increased the federal government's target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting their confidence in the country’s progress despite earlier setbacks.