FG Seeks $4.4bn Fresh Loans as National Debt Rises N101tn The Federal government has pushed for fresh loans approval worth $4.4bn from the World Bank and Africa Development Bank over the next one year. Nigeria borrowed a total of $4.95bn in loans from the international lender...

Holiday: Trading Resumes with Bearish Trend as Investors Lose N47bn Investors lost about N47bn on Wednesday when the Nigerian Exchange resumed from the two days Eid al-Fitr holiday. The All-Share Index and market capitalisation declined by 0.08 per cent to settle at 99,840.95 points and N56.48tn,...

Customs Revenue Rises by 74%, Hits N4.5tn in One Year - Adeniyi  The Nigeria Customs Service, announced that its revenue increased by 74 per cent to N4.49tn between June 2023 and May 2024, when compared to what the service collected during the same period in...

W'Bank: FG Requests 18-month Extension for $800m Palliative Scheme  The Federal Government has requested that World Bank extend the disbursement period for the $800 million palliative loan by 18 months, from June 30, 2024, to December 31, 2025. About three million poor and vulnerable households have...

A recent partnership between Sabi, a $1 billion GMV B2B e-commerce platform, and Nigerian agricultural companies Nectar Fresh Limited and Meadow Foods has been established alongside the support of the Nigerian government in order to address the ongoing supply chain and development challenges in Nigeria’s agricultural sector. 

Newspaper Vendors: Online Media Ruining Our Businesses Enugu State newspaper vendors and sales representatives of some print media houses are lamenting that their businesses are at the edge due to the infiltration of online media. In separate interviews with the News Agency of Nigeria (NAN), on...