$27.2bn Escravos Seaport Awaits FG’s Validation
Chairman of Mercury Maritime Concession Company (MMCC), Rear Adm. Andrew Okoja (rtd), has said the Delta State Government has revalidated...
Monday, August 31, 2026
Lead-In
NIN: Nigeria Gets W’Bank’s $45.5m Fund For ID4D Project
The World Bank has disbursed $45.5 million to the National Identity Management Commission (NIMC) as part of the Digital Identification...
CBN Permits IMTOs To Sell FX On Official Window
The Central Bank of Nigeria (CBN) has permitted eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on...
Boosting Sugarcane Sector For Export Opportunities
Nigeria remains the second largest sugar market in sub-Saharan Africa after South Africa. With a population of over 202 million...
Minimum Wage: Labour’s N250k Demand Unsettles FG, States, Private Sector
Statutorily, and considering the current economic realities of Nigeria, there can be no gainsaying the fact that a new minimum...
Nigeria-UK Trade Dips 25% In Q1 2024 Amid Export Slump
Nigeria’s trade with the United Kingdom recorded a sharp decline of 25 per cent in the first quarter of 2024,...
Nigeria Secures $3.5bn Deal With Afreximbank For Textile, CNG Vechiles
The Nigerian federal government has finalised a monumental $3.5 billion agreement with Afreximbank aimed at revitalising the textile industry and...
Nigeria Seeks 18-Month Deadline Extension for World Bank’s $800 Million Palliative Loan
Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800 million palliative loan in a...
Revenue-generating Agencies Owe FG N2.9trn-FAAC
The federal account allocation committee (FAAC) has disclosed that some revenue-generating agencies (RGAs) owe the federal government over N2.9 trillion....
Food Crisis: Nigeria Records 95% Surge In Food Imports Bill
The fact that Nigeria’s food import bill has reached unprecedented heights, signals a significant challenge for the nation’s economy and...
