CBN Governor Hit with N220m Contempt Suit
CBN Governor Hit with N220m Contempt Suit
Central Bank of Nigeria Governor, Olayemi Cardoso, and the CBN’s Director of Legal Services, Salam-Alada Kofo, have been...
FG to Settle N2trn Debt Owed to GenCos by December
FG to Settle N2trn Debt Owed to GenCos by December
The Minister of Power, Adebayo Adelabu, has announced that the government has outlined plans to...
NDPHC Commits N500bn to Enhance Transmission Infrastructure
NDPHC Commits N500bn to Enhance Transmission Infrastructure
The Niger Delta Power Holding Company (NDPHC) has disclosed that it has invested over N500bn in transmission infrastructure...
Dangote Foundation Provides N16bn Food Support to Abuja, Kogi
Dangote Foundation Provides N16bn Food Support to Abuja, Kogi
The Federal Capital Territory, Abuja, and the Kogi State Government have received food donations from the...
Nigeria Signs on AfCFTA Tariffs
Nigeria has gazetted its Provisional Schedule of Tariff Concessions (PSTCs) under the African Continental Free Trade Area (AfCFTA).
AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures
AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures
President of the African Development Bank Group (AfDB), Akinwummi Adesina, has warned African countries not...
FG Establishes Sub-Committee to Assess Impact of Trump Tariffs
FG Establishes Sub-Committee to Assess Impact of Trump Tariffs
The Federal Government is reviewing the possible effects of the unfolding international tariff regimes and shifts...
Customs Foils N8.6bn Tramadol Smuggling Attempt at Abuja Airport
Customs Foils N8.6bn Tramadol Smuggling Attempt at Abuja Airport
The Nigeria Customs Service (NCS), Federal Capital Territory (FCT) Command, has intercepted a large consignment of...
Afreximbank Funds Boost Nigeria’s Economy with $50bn – Oramah
Afreximbank Funds Boost Nigeria's Economy with $50bn - Oramah
Afreximbank has disbursed a total of $50bn in Nigeria over the past decade, making significant contributions...
World Bank Approves Nigeria’s $1.08bn Loan Request
The World Bank has approved a $1.08 billion financing package aimed at strengthening Nigeria’s education system, tackling malnutrition, and boosting economic resilience.
FIRS, NGF Partner to Enhance Economic Growth, Boost Revenue
FIRS, NGF Partner to Enhance Economic Growth, Boost Revenue
As part of the efforts to boost revenue and economic growth across the federation, the Federal...
FG Seeks Fresh $10.50m Loan from World Bank
FG Seeks Fresh $10.50m Loan from World Bank
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of...
Trump’s Tariffs Put $10bn US-Nigeria Trade at Risk
Trump's Tariffs Put $10bn US-Nigeria Trade at Risk
The newly imposed 14 per cent tariff by US President Donald Trump on exports by Nigerian businesses...
N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market – SEC DG
N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market - SEC DG
Nigerian banks have so far raised N2.4 trillion through the capital market in...
W’Bank to Approve Nigeria’s $632m Loan Request
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile.
How FG Borrowed N1.94trn From Bond Investors
How FG Borrowed N1.94trn From Bond Investors
The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an...
Despite Piracy Decline, Importers Pay $1.5bn War Risk Premium
Despite Piracy Decline, Importers Pay $1.5bn War Risk Premium
Despite the reduction in piracy attacks in the Gulf of Guinea, importers paid $1.5bn as war...
FRC Act Continues to Govern Financial Reporting, Says Reps
FRC Act Continues to Govern Financial Reporting, Says Reps
The House of Representatives has stated that the Financial Reporting Council Act, 2023 remains operational until...
Currency in Circulation Declines to N5.03trn – CBN
Currency in Circulation Declines to N5.03trn - CBN
Currency in circulation dropped for the first time in one year, according to the updated money and...
N1.7bn Worth of Vehicles, Others Intercepted by Customs
N1.7bn Worth of Vehicles, Others Intercepted by Customs
The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, said it recorded 82 interceptions, including used...
