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 in global commodity prices. The Economic Management Team (EMT) chaired by the Minister of Finance and Coordinating Minister of the Economy,...

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 tramadol valued at over N8.6 billion at the Nnamdi Azikiwe International Airport. Unveiling the seizure, Comptroller Olumide Adebisi condemned the actions...

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 to the country’s key sectors, including energy, manufacturing, healthcare, transport, and financial services. The President and Chairman of the Board of...

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   As part of the efforts to boost revenue and economic growth across the federation, the Federal Inland Revenue Service (FIRS) and the Nigerian Governors’ Forum (NGF) are partnering to improve on policy harmonisation and capacity building...

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 Nigeria’s technical capacity and modernise the country’s domestic payment infrastructure. According to information exclusively obtained from the World Bank website on...