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Chinese and Mota-Engil Enterprises are Shortlisted for a $2.5 billion Bridge…
Lagos state in Nigeria has selected a group to build a $2. 5 billion bridge that is anticipated to ease severe…
University Employees in the UK go on Strike.
The largest strike in decades, according to the UK's University and College Union (UCU), is taking place to…
Oil Companies look into Niger Delta Hydrocarbon Decrease.
In order to conduct research on the decline of hydrocarbons in the Niger Delta, Green Energy International…
Farmers in the Anchor Borrowers Program receive N1 trillion from CBN.
By 2024, the Central Bank of Nigeria wants 95% of the population to be financially included. The Federal …
Investors Dump Nigerian Stocks as Inflation Rises.
Recently, the equity market in Nigeria has been at the center of the storm. As the All Share Index fell 6.7% to…
Inflation may be Controlled through Fiscal Measures – CPPE
According to the Centre for Promotion of Private Enterprises (CPPE), the Federal Government can use fiscal changes…
NNPC meets Marketers as the Impact of the Petrol Shortage Grows.
Petrol, known as premium motor spirit, has becoming more scarce throughout numerous states. Among other places, it…
We’ve Recovered $1bn Looted Funds since 2015 —Nigeria FG.
The Federal Government said that $1 billion in stolen cash had been found since President Muhammadu Buhari's…
In October, FG, States, and LGAs shared N736.782 billion.
In October, the three levels of government divided N736.782 billion in total. The relevant States received a total…
Jeff Bezos gives US Homeless Families $123 million
According to Bloomberg, Amazon's founder Jeff Bezos is donating $123 million to organizations that help homeless…
The Lagos Commodities and Futures Exchange gives the SEC an Eko Gold Coin.
In an effort to boost confidence, organize the gold market, and expand the commodities ecosystem, the Lagos…
In 2022, TETFund Income Collection Declines by N68 billion.
The Tertiary Education Trust Fund has disclosed that the N68 billion in income it collected in 2021 and utilized…
NEITI: Nigeria Earned $741.48bn Revenue from Oil, Gas Sector.
According to figures released in Abuja by the Nigeria Extractive Industries Transparency Initiative (NEITI),…
Excess Crude Account Decreases by 89% to $472,513.
In the previous eight years, Nigeria's surplus crude account has decreased by 89%, from $4. 1 billion in November…
Buhari Unveils New Naira Notes at Aso Rock.
The new naira notes in the denominations of N200, N500, and N1,000 were introduced by the President, Major General…
Naira Redesign: CBN Receives Old Notes Worth N165 billion.
Before the Federal Executive Council meeting started, November 23, President Muhammadu Buhari introduced the…
Lagos Suffers more from Fuel Shortage.
The price of gasoline increased by between N205 and N220 per litre at the gas stations. This suggests that depot…
In October, Currency Outside of Banks Increased by N108.67 billion to N2.84…
According to CBN statistics, the value of cash held outside of banks increased from N2. 54 trillion reported in…
Redesign of the Naira: CBN Introduces Countdown Clock.
The N200, N500, and N1,000 notes now in use will no longer be legal tender on January 31, 2023, according to a…
T-Bill Interest Rate Hits 32-Month High as CBN Sells N5.33 Trillion in Primary…
The Central Bank of Nigeria (CBN) raised the interest rate on Treasury Bills (T-Bills) to 6. 49 percent in October…
As Inflation Continues, CBN Boosts Interest Rates to 16.5%.
To combat growing inflation, the Central Bank of Nigeria's (CBN) policy-setting council increased the monetary…
Senate Committee summons Zainab Ahmed about the Humanitarian Ministry’s…
Zainab Ahmed, the minister of finance, budget, and national planning, has been called before the senate committee…
Purple Announces the Opening of its Public Offer.
The initial public offering (IPO) of 2 billion common shares at a price of N5 by Purple Real Estate Income Plc is…
Oando Subsidiary Promises to Increase Capacity Locally.
Following the successful conclusion of the 27th Conference of the Parties of the United Nations on Climate Change,…
Investors Demand FG Examine AMCON’s Operations
The federal government has been urged once more by shareholders acting via the Independent Shareholders…
Impact Life Insurance Combines Two Insurers.
To assist the country's insurance penetration rate rise, two businesses, the Ghana Union Assurance (GUA) Life and…
Nigerian Operators Upset Over the Proposed 20% Tax on Non-alcoholic Beverages by…
An analysis of the effects of the current N10 per litre excise tax between June and August 2022 revealed an eight…
Inspired Evolution wins AfDB commitment for Fund III.
The African Development Bank Group's Board of Directors today approved a $20 million equity investment in…
US Transfers $20.6m Abacha Loot To Nigeria FG
According to an agreement reached on August 23 between the two governments to repatriate assets the United States…