The Nigerian Maritime Administration and Safety Agency (NIMASA) has accredited 27 registered shipyards across the country.

Nigeria has opened discussions with the World Bank for a new $1 billion facility aimed at driving private investment, job creation, and economic diversification.

The Federal Government has launched the Tax Reform Challenge targeted at Nigerian students.

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

The Federal government has stated that a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry.

The Manufacturers Association of Nigeria (MAN) says the current production condition declined marginally by 0.3 point in the third quarter.