TinCan Customs Generates N145bn from Lagos Port in April
TinCan Customs Generates N145bn from Lagos Port in April
The Tincan Island Port Command of the Nigeria Customs Service (NCS) has enhanced trade facilitation, as...
Electricity Subsidy Bill Surges to N762bn
Electricity Subsidy Bill Surges to N762bn
Electricity subsidy has increased to about N762bn in the first four months of 2025.
Figures from various reports of the...
AfDB Provides $650m Annual Economic Boost to Nigeria
AfDB Provides $650m Annual Economic Boost to Nigeria
The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about...
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...
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...
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...
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...
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...
Customs Uncover $578,000 Hidden Cash, Hand Over Suspect to EFCC
Customs Uncover $578,000 Hidden Cash, Hand Over Suspect to EFCC
The Nigeria Customs Service, Murtala Muhammed International Airport Command, said it intercepted a total of...
Nigeria Spends $4bn on Steel Imports Annually
Nigeria Spends $4bn on Steel Imports Annually
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, has said Nigeria imports about $4 billion worth of...
FG Attracts $14bn, €250m Investments From Netherlands, India
FG Attracts $14bn, €250m Investments From Netherlands, India
Nigeria has secured an investment of $14bn from India, spanning multiple sectors, according to the Minister of...
FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks
FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks
The Federal Government has said that it is going to provide another N400bn gas...
CBN Uncover N2.3m Unauthorised Naira Transactions
CBN Uncover N2.3m Unauthorised Naira Transactions
The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning...
NAHCO Retirees Demand Fair Share of N758bn Pension Fund
NAHCO Retirees Demand Fair Share of N758bn Pension Fund
Retired workers of Nigerian Aviation Handling Company Plc (NAHCO) have appealed to the Federal Government to...
Tinubu Rejects N942bn Census Budget
Tinubu Rejects N942bn Census Budget
President Bola Tinubu has turned down a N942bn proposal by the National Population Commission (NPC) for the conduct of the...
