The Federal Government has clarified that its proposed $24 billion borrowing does not equate to an automatic increase in the nation’s debt profile. The Director
Nigeria has lost its long-standing status as Africa’s top importer of refined petroleum products, according to a new report, following the ramp-up of operations at
The Central Bank of Nigeria has introduced three new financial instruments aimed at strengthening the country’s non-interest financial market and enhancing liquidity management for Islamic
President Bola Tinubu has formally requested approval from the National Assembly for a substantial new borrowing plan exceeding $21.5 billion in external loans and ₦757.9
The Federal Ministry of Industry, Trade and Investment has partnered with the UN Development Programme and Uganda Airlines to officially launch the Nigeria–East/Southern Africa Air
The President of Dangote Industries Limited, Aliko Dangote, has announced that the company plans to begin exporting nearly 16,000 tonnes of fertilizer over the next
The Economic and Financial Crimes Commission (EFCC) has commenced recovery of stolen funds from Crypto Bridge Exchange (CBEX), the digital investment platform that collapsed in
The Senate Committee on Power has raised concerns over the growing liquidity crisis in Nigeria’s power sector, citing persistent tariff shortfalls. The committee disclosed that
The Dangote Petroleum Refinery has reaffirmed its commitment to lowering the price of Premium Motor Spirit (PMS), also known as petrol, despite volatility in global
Nigeria has strategically repositioned itself to attract a share of the projected $600 billion in annual upstream investments required to develop Africa’s oil sector, which
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