Dangote Refinery Banks on FG, Reduces Crude Imports from Us A report by Bloomberg has revealed that the Dangote Petroleum Refinery is reducing its importation of crude from the United States, taking more of Nigeria’s oil for processing. The report stated that the 650,000 refinery is...

FG to Invest $100bn Annually to Curb Economic crisis The Minister of Budget and Economic Planning, Atiku Bagudu, says the Federal Government is planning to invest $100bn annually to tackle the economic challenges in Nigeria. Bagudu said this on Wednesday that the recent nationwide protest against...

CBN Projects 30points Business Improvement in Six Months  Business owners are optimistic that the conditions for doing business in Nigeria will improve in August 2024, and the following six months, the Central Bank of Nigeria has stated. According to the Business Expectations report released by the...

FG Hikes Nigerian Passport Fees to N50,000, N100,000 The Federal Government has approved an upward review of the fees for the Nigerian passport effective from September 1, 2024. This was disclosed in a statement issued on Wednesday by the spokesman for the Nigeria Immigration Service, Kenneth...

Power: Togo, Benin Electricity Debt Rises $14m, Says FG The Nigerian Electricity Regulatory Commission revealed that none of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the cumulative invoice of $14.19m issued...

President Bola Tinubu has authorised the establishment of the Climate Accountability and Transparency Portal and other measures to ensure efficiency and accountability in the nation's participation in the 29th UN Climate Change Conference (COP 29) in Baku, Azerbaijan, slated for November 11-22, 2024.