NPA Secures $700m Loan to Rehabilitate Apapa, Tincan Ports The Nigerian Ports Authority has secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos. The loan was funded by the UK Export Finance, an export credit agency, Announcing this...

FG to Sign $3.8bn Gas Supply Deal in May The Federal Government has announced that gas supply and purchase agreements supporting the $3.8bn Brass methanol project will be executed in May 2024. The Brass methanol project is a major industrial project being built in Bayelsa State...

CBN Not Defending Naira With Foreign Reserves - Cardoso   The Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso, said yesterday that the apex bank is not defending the Naira with the nation’s foreign reserves. He was speaking against the backdrop of the recent...

President Bola Tinubu has commended what he called the enterprising feat of Dangote Oil and Gas Limited in reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel. 

Two individuals were recently arrested for engaging in illegal mining activities by operatives from the Nigeria Security and Civil Defence Corps (NSCDC), Anambra State Command. 

The International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024.