FG targets 2027 completion for ₦80bn Alau Dam upgrade
The Federal Government says the ongoing ₦80 billion upgrade of the Alau Dam in Borno State is expected to be completed by…
Business
ALTON warns of nationwide telecom disruptions over diesel depot blockade
The Association of Licensed Telecommunications Operators of Nigeria has cautioned that telecom services across the country could face widespread disruptions following the…
Shell commits 90% of contract value to Nigerian firms
Shell Nigeria Exploration and Production Company Limited says more than 90 per cent of the contract value in its operations will be…
Nigerian firm lands $40m Afreximbank funding for St. Kitts deep-water port
Nigerian entrepreneur and Managing Director of Aquarian Consult, Mrs. Aisha Maina, has secured a $40 million investment, backed by the African Export-Import…
CBN to sanction FX violators after forensic audit
The Central Bank of Nigeria says it will impose civil, administrative, or criminal sanctions on parties found to have violated foreign exchange…
FG crafts industrial roadmap to revive local production
The Federal Government is finalising a new Nigerian Industrial Policy aimed at reducing the country’s reliance on imports and boosting local manufacturing.…
FG to strengthen local energy supply chain amid global disruptions
The Federal Government says it is taking decisive action to strengthen Nigeria’s local energy supply chain as a safeguard against growing global…
Tinubu injects $1bn into Bank of Agriculture
President Bola Tinubu has approved the recapitalisation of the Bank of Agriculture with N1.5 trillion—about $1 billion—in what is being hailed as…
PAPSS is Africa’s answer to global tariff war – UBA
The Group Managing Director and CEO of United Bank for Africa, Mr. Oliver Alawuba, has described the Pan-African Payment and Settlement System…
FG’s N38.3tn assets under audit, reform — Finance ministry
The Ministry of Finance Incorporated has revealed that the Federal Government’s investment assets, valued at N38.3 trillion, are currently undergoing audit and…
US doubles tariffs on India amid Russia oil tensions
The White House announced on Wednesday that it is raising tariffs on India by an additional 25 per cent, doubling the total…
RMRDC urges 60% reduction in imported raw materials
Nigeria must cut its reliance on foreign raw materials by at least 60 per cent within the next five years to reclaim…