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This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on...
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The Federal Government said plans are underway to offset the N4 trillion debt owed the Power Generation Companies (GenCos) for electricity generated. The Special...
The World Bank’s Regional Vice President for Western and Central Africa, Ousmane Diagana, will arrive in Nigeria on April 14 for a four-day visit...
The NBS announced the increase in its consumer price index (CPI) for March on Tuesday. The new rate indicates an upward movement from the...
African Private Capital Association (AVCA), said Africa secured $3.6 billion in venture capital funding, including $1.0 billion from venture debt. This was released in...
In April 2025, CBEX, a digital asset trading platform, collapsed, leaving thousands of Nigerians unable to access their funds. The platform had promised investors...
This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on...
The Presidential Compressed Natural Gas Initiative (PCNGi) said it has secured over $491 million in private sector investment to boost the country’s Compressed Natural Gas (CNG)...
Nigeria spent a total of N13.12tn on debt servicing in 2024, representing a 68 per cent increase from the N7.8tn recorded in the previous...
The World Bank has approved three operations in Nigeria, totaling $1.08 billion in concessional financing, to enhance education quality, build household and community resilience,...
The Nigeria Economic Summit Group has warned that the Federal Government could face revenue shortfalls if it does not increase the value-added tax rate...
In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu assented to the Investments and Securities Bill (ISB) 2025, which...
Recently released data from the National Pension Commission (PenCom) show that the total Pension Assets Under Management (AUM) of the regulated pension industry increased...
MultiChoice, Africa’s leading entertainment platform, has told its shareholders to brace for more difficult times ahead, as it is operating in a challenging consumer...
Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of Nigeria’s (CBN) aggressive monetary...
The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies in its ongoing...