Mixed Reactions as Nigeria Signs $1 Billion Pact with China for Gas Flaring Solutions
A landmark agreement worth $1 billion has been signed between Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Chinese...
Business
Nigeria Set to Introduce Compliant Naira Stablecoin in Global Markets
A consortium comprising Nigerian financial institutions, fintechs, and blockchain experts, known as the Africa Stablecoin Consortium (ASC), is gearing up...
MAN Urges Nigerian Government to Implement Policies for Industrial Growth
The Manufacturers Association of Nigeria (MAN) has put forward a series of recommendations aimed at enhancing the performance of the...
Kano State Hisbah Board Seizes Truck With Over 24,000 Bottles of Alcohol
The Kano State Hisbah Board has intercepted a truck transporting over 24,000 bottles of assorted alcoholic beverages along Zaria Road...
Foreign Investors Triple Asset Disposals in Nigeria, CBN Report Reveals
Foreign direct investors have significantly increased their asset disposals in Nigeria, reaching a staggering $200 million, according to the Central...
Nigeria Receives US$2.5 Billion Facility from Afrexim Bank, UBA as Local Arranger
Nigeria has secured the first tranche of a US$2.5 billion facility arranged by the African Export-Import Bank (Afrexim Bank), with...
Foreign Demand Spurs Nigerian Grain Prices to Record Highs
A surge in demand for Nigerian grains by merchants from neighbouring African countries and beyond has led to soaring prices,...
FG’s Economic Promises: Foreign Investors Pledge Billions in Investments, Will Nigeria See Real Impact in 2024?
Despite facing significant economic challenges and grappling with a record-high inflation rate, President Bola Tinubu’s administration has secured several positive...
Petroleum Ministry’s Budget Criticized for Excluding Refineries and Subsidy Impact
The Ministry of Petroleum Resources has presented its budget of N9.641bn to the Joint Committees of Senate and House of...
Nigeria’s Pension Fund Assets Surge to N17.658 Trillion, PenCom Report Shows
The National Pension Commission (PenCom) has released data showing that Nigeria's pension fund assets surged to N17.658 trillion as of...
