Fuel Prices might Increase by 250% to N8tn when Subsidies are Removed.
According to the latest intelligence and industry data, when the federal government stops subsidizing PMS in June,…
Reps Increase Buhari’s Supplemental Spending to N23.7 trillion.
The Federal Government acquired Ways and Means Advances worth N23,719,703,774,306.90 from the Central Bank of…
HOSCON Aims to Invest US$5 billion in Member States.
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) said that it is aiming to raise $5 billion in…
Access Bank Receives Regulatory Approval to Acquire Angola Company.
The Central Bank of Angola, Banco Nacional de Angola, has given its clearance to Access Bank, the flagship…
Carl Cruz is Appointed as MD and CEO of Airtel Nigeria by Airtel Africa.
Carl Cruz has been appointed as the Managing Director and Chief Executive Officer of Airtel Networks Limited…
Naira Crisis, Elections Impact 2023 Revenue.
The Nigerian Exchanges Group said the recent general election and the Central Bank of Nigeria's rebalancing policy…
Federal Roads: FG Pays State N860 billion in 8 Years.
The federal government has repaid N859.7 billion to various state governments to reimburse the costs of building…
Nigerian Lawmakers Approve $52 billion Central Bank Loan Restructuring.
Nigeria's House of Representatives approved a plan to restructure 23.7 trillion naira ($52 billion) of short-term…
Poverty Alleviation: FG Slates Budget Allotation for geograhic data.
State Budget and Regional Planning Minister Clem Agba announced that the federal government plans to include…
FG Disconnects Discos from National Grid Over Debt.
Millions of electricity consumers could be plunged into darkness in the coming weeks as the federal government,…
Nigeria, Iraq Drag OPEC Output Down.
Oil production by the Organization of the Petroleum Exporting Countries fell in April due to supply delays in…
FG Plans to Build Another Sea Port in 2026 – NPA.
According to the Nigerian Ports Authority, the federal government plans to build another deep-sea port within the…
IMF Warns CBN as eNaira Transactions Hit N1.4m.
Kristalina Georgieva, Managing Director of the International Monetary Fund, has warned of the unpredictable…
Nigeria to Become Top Middle Income Economy By 2050, Says Buhari.
The Nigeria Agenda 2050 was officially unveiled on Wednesday in Abuja, with the statement that its implementation…
Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the…
Pantami Tells Companies to Ignore Telecom Tax.
Communications and Digital Economy Minister Isa Pantami has urged telecom companies and other sector stakeholders…
Turkish Airlines Launches an Investigation after a Wheelchair Passenger Reports…
Ms. Margaret Adeyileka, a middle-aged wheelchair user who has been traveling for decades, claims that the…
Zenith Bank shareholders approve a dividend payout of N100.47 billion.
According to Zenith Bank Plc, it would distribute N100.47 billion to shareholders for the 2022 fiscal year.It…
Senate Probes Passports Renewal, Issuance Delay
The Upper house has decided to look into the reasons behind the Nigeria Immigration Service's delays in issuing…
President Buhari Heads To London For King Charles’ Coronation
President Muhammadu Buhari and his wife, Camilla, are scheduled to go to London, United Kingdom, to see Charles…
FG sues Meta, Facebook, Demand N30 billion.
The Advertising Regulatory Council of Nigeria (ARCON) has been given permission by the Abuja Division of the…
Foreign debt: FG Deducts N78 billion from State Allocations.
The Federal Government deducted over N78bn from allocations made to the states for external debt servicing,…
FAAN asks Unapproved Residents to Leave Airport Property.
All unauthorized inhabitants of airport grounds have been warned by the Federal Airports Authority of Nigeria to…
Nigerian Breweries issues commercial paper of N25 billion.
According to a regulatory filing acquired, Nigerian Breweries Plc has disclosed a proposal to raise N25bn through…
Paying Salaries After June is Uncertain, According to Obaseki.
The governor of Edo State, Mr. Godwin Obaseki, stated on Monday that the federal government might not be able to…
Aviation Unions Call off Strike.
Following a meeting with Ministry of Aviation representatives, aviation unions have decided to call off their…
IMF: Political Unrest may Cost Nigeria and others $10 billion.
According to the International Monetary Fund, geopolitical concerns might cause Nigeria to lose as much as $10…
Samsung Acquires 20% stake in Meridiam.
Samsung Life Insurance purchased a 20% share in Meridiam, according to an announcement made on April 24 by…
Prosper Africa Supports Co-investments in Kenya’s Apparel Industry.
Leading companies and investors were gathered in New York City by the U.S. Government's Prosper Africa project and…
XRP and Bunratty Plan Roll Up Strategy for Africa’s Healthcare Market.
By pursuing mergers and acquisitions of small and medium-sized private healthcare enterprises that are in line…