NIMASA: The Key to Effective Port and Flag Administration is Standardized Digital…
According to Dr. Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency…
Nigeria’s Oil Output Reaches its Highest Level in Nine Months Due to Crude…
According to data released by the Nigerian Upstream Petroleum Regulatory Commission, Nigeria's crude oil…
The closure of Naira Cards alarms Traveling Bank Customers.
Nigerians won't be able to use their Naira debit cards for international transactions as the continent's largest…
2022 Saw a Record-breaking Global Food Prices.
The average price index of the UN food agency reached its highest level ever last year, according to Reuters, as…
Inflation in the Euro Zone Drops To 9.2% as Energy Prices Stabilize.
The European Central Bank is not expected to change its stance in response to the euro zone's inflation declining…
The Niger Government Enacts a N243 billion Appropriation Bill.
The 2023 appropriations bill, totaling more than N243 billion, has been signed into law by Niger State Governor…
Customs Seize 156 Trailers Carrying Grains, PMS, and Other Items.
According to the Federal Operations Unit, Zone A of the Nigeria Customs Service, 93,102 bags of 50kg…
NNPC Denies Exporting 17.88m Barrels Crude Oil without Proper Documentation.
The Nigerian National Petroleum Company Limited disputed claims that the oil company illegally exported 17.88…
Alleged Attack on the CBN Headquarters by a Group.
The Coalition of National Interest Defenders, a human rights group, alerted authorities to a new scheme to launch…
Nigeria Debt Profile: 28 Governors Accrue N5.8 trillion in Debt.
In the midst of the current economic crisis, the minister of the Federal Capital Territory and the 28 governors of…
China Leads Nigeria’s Imports in the Q2 of 2022, while India Leads Exports.
According to data from the National Bureau of Statistics, China was Nigeria's top import source in the second…
EU Provides Solar Grid Facility Worth $3.4 Million to 76,000 Nigerians.
The Nigerian company Okra Solar has been given permission by the European Union (EU) to utilise a $3.4 million…
NBK Capital Holds Final Close for Shari’ah Credit Fund.
A renowned regional investment advisor, NBK Capital Partners, has announced the completion of the third-generation…
Transform Health Fund wins $50 million in commitments
The Health Finance Coalition (HFC), powered by Malaria No More, and AfricInvest pledged commitments of $50 million…
Amethis Invests Growth Capital into Moroccan Globex Logistics.
The Moroccan company Globex, a specialist in fast messaging, freight, and transit solutions in Morocco and…
2023 Budget would Result in Unemployment and Inflation – Utomi.
According to Pat Utomi, a political economy professor and the founder of the Centre for Values in Leadership, the…
Ghana is Prepared to Submit a G20 Framework Debt Relief Request.
Ghana is prepared to submit a request for debt relief under the G20 Common Framework program and has asked for…
Nigeria FG Pays 2022 Contributory Pension Retirees N13.89 billion.
The Federal Government has made N13.89 billion available to pay the pensions of its employees who retired in 2022.…
President Ruto has Stated that Kenya Will Not Miss Debt Payments.
According to President William Ruto, Kenya will not default on its debt and has plans to increase tax collection…
Discos in Nigeria Increase the Price of Electricity Covertly, and Consumers Pay.
The rate paid by power consumers across the nation has been surreptitiously hiked by electricity distribution…
Nigeria to Spend $7.5 billion on Fuel Subsidies in 2023.
Regarding Fuel scarcity, the Finance Minister, Zainab Ahmed, Nigeria has set aside 3. 36 trillion naira ($7.5…
Nigeria’s Debt to Hit N77tn, While Loan Servicing Will Cost N5.2tn.
Nigeria debt 2022: If the National Assembly grants the president's request to reorganize the Ways and Means…
In 2022 Stock Market Capitalization Increased by N5.6 trillion.
Between the opening of the market on January 4, 2022, and the conclusion of business on December 30, 2022,…
DMO Announces 2023’s Initial Offering of FGN Savings Bonds.
The first bond issuance for 2023 has been announced by the Debt Management Office (DMO): two Federal Government of…
EFCC Obtains N13 billion from Unauthorized Fuel Subsidy Payments.
According to information obtained by the PUNCH, the Economic and Financial Crimes Commission (EFCC) recovered…
Buhari Requests That the N22.7 trillion Debt be Restructured.
The National Assembly was encouraged by the President, Major General Muhammadu Buhari (retired), to reconsider his…
Nigerian Startups, Others Raised $5bn in 2022.
According to data from Africa: The Big Deal, startups in Nigeria and other African nations raised $4. 85 billion…
CBN Plans to Decrease Cash-based Transactions by 2025.
According to the Central Bank of Nigeria, when more of the new naira notes enter the economy in 2025, the use of…
Railway Debt Service Consumes N246 billion, While NRC Revenue Declines.
To pay off debts related to railroads, the federal government spent $74.25 million in 2019. Nigeria's…
Buhari: N22tn Loan would have Additional Interest of N1.8tn.
The 2023 budget plan of N21.83 trillion and the 2022 supplemental appropriations bill were both passed into law by…