Nigeria Lands $1.1bn AfDB Deal to Power 5m People by 2026
Nigeria President Bola Tinubu has acknowledged securing a $1.1 billion fund from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026.
Tinubu also stated that...
FG Targets $3bn Annual Revenue from Single Window Trade Facility
The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital platform introduced to overhaul Nigeria’s trade system and solidify its role as a regional transhipment hub.
Launched in...
Nigeria’s Real Estate Market Projected to Hit $2.25tn in 2025
The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged foreign investors at the Saudi Real Estate Forum to seize the vast opportunities within Nigeria’s housing sector, particularly through the Federal Government’s Renewed Hope...
CBN Unveils Nigeria's FX Code to Promote Transparency, Fairness
The Central Bank of Nigeria (CBN) has launched Nigeria Foreign Exchange Code (FX Code) to promote transparency and fairness in the foreign exchange market.
Speaking at the launch on Tuesday, the CBN Governor, Olayemi M. Cardoso, noted...
Air Peace, Aero Refunded millions for Cancelled, Delayed Flights – NCAA
The Nigeria Civil Aviation Authority (NCAA) says Air Peace and Aero contractors refunded the airfares of thousands of passengers running into several millions of naira in 2024 due to cancelled and delayed flights.
The regulator...
Tinubu Inherited N87.38trn Debt not N21trn – DMO
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in public debt which arose to N142 trillion.
In a statement issued by the DMO on Monday, the agency...
