Category: featured

Nigeria remains third-largest IDA debtor with $17bn debt – Report

Nigeria remains the third-largest debtor to the World Bank’s International Development Association, with its debt...

NACCIMA warns against unauthorised operations of NIBC-India in Nigeria

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has raised concerns with...

FG to begin vehicle spare parts production

The Federal Government, through the National Automotive Design and Development Council, has announced plans to...

FG to rebase GDP, inflation data in 2025

The Nigerian government is planning to rebase its Consumer Price Index and Gross Domestic Product...

FX crisis stalls SMEs’ expansion, operators lament

Operators of Small and Medium Enterprises in Nigeria are expressing growing concerns about the feasibility...

Subsidy removal ended fuel smuggling, says Ribadu

Nigeria’s National Security Adviser, Mal. Nuhu Ribadu, announced on Wednesday that the removal of the...

28m Nigerians lack access to formal financial services – CBN

The Central Bank of Nigeria announced on Tuesday that despite a significant reduction in the...

NNPC ends fuel importation, to source locally

The Nigerian National Petroleum Company has ceased importing refined petroleum products and has begun sourcing...

IPMAN signs agreement to buy petrol directly from Dangote refinery

The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to...

FG to spend N5.4tn subsidy savings on projects

The Federal Government has announced that an estimated N5.4 trillion in savings from the 2024...

Petrol landing cost falls to N971/litre – Report

The cost of landing Premium Motor Spirit, or petrol, in Nigeria has dropped by 20.34%...

Refiners urge FG to halt import license issuance to petrol marketers

The Crude Oil Refinery Owners Association of Nigeria has cautioned the Federal Government to exercise...