Connect with us
federal government has constituted a committee to address outstanding debts owed to power generation companies (GenCos) and to establish sustainable payment mechanisms to prevent future accumulation....
Minister of Solid Minerals Development, Dr Dele Alake, has said Chinese companies invested $1.3billion in Lithium processing in Nigeria. Mr Alake stated this while speaking on...
Nigeria’s external reserves has risen to $42.862 billion as of last week. According to the Central Bank of Nigeria (CBN), the reserves could finance more than...
Federal Competition and Consumer Protection Commission (FCCPC) has said that the recent court rulings that uphold consumer rights in Nigeria, notably the Lagos High Court’s award...
Nigeria recorded over $50 billion worth of cryptocurrency transactions between July 2023 and June 2024. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC),...
Federal Government (FG), states and local government shared a total of , N16.45 trillion from revenue collected at the federal level, marking an approximately 50% increase...
Debt Management Office (DMO) will conduct its monthly Federal Government Bond (FGN) auction on Monday with two reopening instruments with 5- and 7-year tenors on offer....
African Export-import Bank, Afreximbank, in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board...
Rice prices have dropped drastically in several Lagos markets due to a surge in imports through the borders, easing the burden on consumers. The development, however,...
Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has revealed that about 70 percent of Nigerian women are living in extreme poverty, stressing the urgent need for coordinated...
Philip Mshelbila, Managing Director of Nigeria LNG Limited, has been elected Secretary General of the Gas Exporting Countries Forum (GECF). Meanwhile the Honourable Minister of Foreign...
Nigeria’s gross external reserves climbed to $42.865 billion on Wednesday, and most projections sampled showed that the year-end balance will reach $43 billion. The foreign reserves...
Macroeconomic headwinds will present a growing challenge to emerging market issuers across sectors in 2026 as the US tariff shock continues to evolve, says Fitch Ratings....
FirstBank said that it has successful integrated the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to...
Sub-Saharan Africa’s largest economies, Nigeria and South Africa have been removed from a global watchdog’s list of countries subject to increased monitoring for illicit money flows....