Nigeria has secured a $1.1 billion loan from the African Development Bank to provide electricity for 5 million people by the end of 2026. President Bola...
The Governor of the Central Bank, Olayemi Cardoso has announced that forensic verification to clear all pending foreign exchange backlogs is now completed and payments will...
The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa)...
The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market....
The National Identity Management Commission (NIMC) has said it will roll out an improved multi-purpose biometric identity card, soon. The Director General and Chief Executive Officer...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the rollout of gas licenses to qualified players in the sector, following frequent collapse of...
Nigeria’s total debt service costs, which include external and domestic obligations, rose to N3.57 trillion in the third quarter of 2024. This is according to data...
The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to grow by 4.17 percent and inflation is...
The World Bank Group has imposed a 30-month debarment on two Nigerian firms, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and...
The Nigerian National Petroleum Company Limited, NNPCL, says it is undertaking rehabilitation of pipelines and depots to strengthen the country’s energy infrastructure. The Chief Corporate Communications...