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Fashola: Second Niger Bridge to be Opened May 15.
According to the Federal Government, the second Niger bridge would be completely accessible to traffic on May 15.…
Nigeria FG Implements 180 Business-friendly Reforms.
More than 180 reforms have been implemented by the Presidential Enabling Business Environment Council with the…
African Development Bank Approves $525,000 Grant for Fintech Companies.
A grant of $525,000 has been authorized by the African Development Bank for an online digital hub that will act as…
Nigerian Stock Market Draws $19.2 Billion in Investment Over Five Years.
According to a National Bureau of Statistics research, the Nigerian stock market drew a total of $19.2 billion…
Foreign Capital Imports Fall to $5.32 billion in 2022 from $1.06 billion in Q4.
Capital inflows decreased by 8.53 percent, from $1.15 billion in the previous quarter to $1.06 billion in the…
37 FG Agencies are Charged in a Recent Audit Report.
The Panel on Public Accounts indicted 37 Ministries, Departments, and Agencies for financial procedure violations…
Nigeria: Maritime Operators will Receive $700 million for Vessel Acquisition.
The Federal Government has said operators in the maritime sector may get about $700m to acquire new vessels. At…
Buharis Administration Recommends Salary Increases after Eliminating Fuel…
According to Labour Minister Chris Ngige, the outgoing government in Nigeria has advised the next administration…
Nigeria Approves a New Chinese Bank for a Railway Project.
Following the withdrawal of another Chinese lender from the Kaduna-to-Kano rail project in 2020, the Nigerian…
The Federal Government Cancels Benue’s N84 billion Debt.
In order to discharge its debts of N84 billion, the Benue State Government said it had engaged into a debt…
As OPEC+ Reduces Output, the Price of Oil Increases.
After the voluntary production reduction by Organization of Petroleum Exporting Countries (OPEC) members and OPEC…
Former Arik Management and AMCON Quarrel over the Acquisition of an Airline
The Federal High Court's Friday ruling in Lagos has sparked a dispute between Asset Management Company of Nigeria…
Leadway Achieves N104.4 Billion In Total Premium, Being The First Insurance…
Leadway has become the first insurance business in Nigeria to reach the 3-digit billion milestone.With total…
LFZ completes the N17.5 billion 20-year Series 3 Infrastructure Fixed Rate…
The Lagos Free Zone Corporation ("LFZC or LFZ") has announced the successful issue of a N17.5 billion 20-Year…
Chinese Loans Increased by 209% Under Buhari, Reaching $4 billion.
Under Major General Muhammadu Buhari, the amount borrowed by the Federal Government from China has increased by…
OPEC and its Partners Start New Oil Output Curbs.
The Organization of Petroleum Exporting Countries and its partners, known as OPEC+, announced voluntary cutbacks…
Oseni Becomes the Next Substantive MD of Wema Bank.
Moruf Oseni will serve as the managing director and CEO of Wema Bank Plc, with effect from April 1, 2023.…
Lack of Foreign Currency and Rising Aviation Fuel Prices are to Blame for Higher…
Airlines have faced significant challenges as a result of the high cost of aviation fuel, which accounts for a…
According to the UN, 64.3 million Nigerians Lack Access to Sufficient Food.
According to the World Food Programme, a part of the United Nations, 32% (64.3 million) of Nigerians do not have…
NICA Establishes Governance Committees
The National Institute of Credit Administration's governing council has established committees, which were…
Lagos and Fintech Sign an Agreement to Increase IGR
A Memorandum of Understanding between the Lagos State Government and eTransact has been struck in order to control…
Alison-Madueke, Aluko, and Omokore’s Fraud Proceeds were Recovered by the US…
The U.S. Department of Justice said that two civil actions seeking the forfeiture of different opulent assets that…
US Increases Non-immigrant Visa Application Fees
A rise in some non-immigrant visa application (NIV) processing fees has been announced by the US.The increases…
FEC Approves N24.2 Billion For Free WiFi At Markets And Airports.
The Nigerian cabinet has approved N24.2 billion for the installation of Internet access at 20 airports, several…
Government and Investors to Install 1,000 Mini-Grids Nationwide
The deployment of 1,000 mini-grids to electrify rural towns around the nation was started by the federal…
NDDC Adopts a New Youth Development Program.
According to the Niger Delta Development Commission, a novel idea for collaborating with the Niger Delta Chamber…
Russia-Ukraine Conflict Could Spur Food Production in Africa – Osinbajo
Vice President Yemi Osinbajo said the ongoing situation between Russia and Ukraine should serve as a wake-up call…
Federal Government $22bn Loan Request Rejected by Chinese Bank.
On Tuesday, the House of Representatives accepted the federal government's proposal to borrow $973,474,971.38 from…
NIMC Requests a Revision of the Procurement Act.
Hadiza Dagabana, the National Identity Management Commission's director of legal and regulatory affairs, has…
Nigerians in Diaspora Fear that Hardship may Cause Remittances to Decline.
According to the research, the country received an estimated $21 billion in remittances, making it the largest…