Debt: Foreign Airlines, Companies Owe NAMA Over N67bn   Foreign airlines and other organisations owe the Nigerian Airspace Management Agency (NAMA) more than N67bn in unpaid charges, a debt burden that is deepening the financial strain on the country’s air navigation service provider and threatening industrial...

Tinubu Okays N111bn for 700km Northern Superhighway Project   President Bola Tinubu on Wednesday flagged off the construction of the fourth Legacy Project under his administration’s Renewed Hope Agenda and approved the immediate release of N111bn for the commencement of the 700-kilometre Akwanga-Jos-Bauchi-Gombe-Biu-Maiduguri Superhighway. The approval was...

Recent comments by the First Lady, Senator Oluremi Tinubu, highlighting businesses such as akara, roasted corn and kulikuli have generated considerable public discussion.

Renewable Energy Adoption to Save Nigeria $121bn - Tegbe   The Federal Government has said Nigeria stands to save $121bn in fuel costs by transitioning to a power generation mix comprising 90 per cent renewable energy, describing the projected savings as a major economic benefit for...

Manufacturing Credit Drops by N1.92trn as Funding Gaps Widen   The Manufacturers Association of Nigeria (MAN) has blamed the sharp decline in credit to the manufacturing sector on the Federal Government’s failure to implement the promised N1tn Manufacturing Stabilisation Fund, high lending rates, structural bureaucracy and...

FG Sets N200bn Capital Target for New Cooperative Bank   The Federal Government on Thursday unveiled plans to raise N200bn in share capital for a proposed Cooperative Bank of Nigeria as part of efforts to strengthen financial inclusion, support farmers, artisans and small businesses, and reposition...