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17 Americans, others evacuated from cruise ship after

  • 9th May 2026
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

  • 9th May 2026

AfDB approves $61m facility to support women-led MSMEs

  • 9th May 2026
Toyota suffers sixth straight monthly production decline

Toyota warns of £3bn loss as Iran war

  • 9th May 2026

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17 Americans, others evacuated from cruise ship after Hantavirus

Business
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

Business

AfDB approves $61m facility to support women-led MSMEs in

Business

FCMB appoints ex-Lafarge CEO Adepeju Adebajo to board

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NNPC to use Afrexim bank’s $3.3bn loan for operational costs

The Nigerian National Petroleum Company Limited stated its plan to use the $3.3 billion loan received from the African Export-Import Bank to cover operating demands and pay upfront tax and royalties owed to Nigeria on Sunday. The Times reported that this was revealed in a paper titled ‘Frequently Asked Questions – Project Gazelle,’ provided by […]

LivingTrust Mortgage Bank repays DBN N950m loan
Business

LivingTrust Mortgage Bank repays DBN N950m loan

LivingTrust Mortgage Bank Plc has repaid a N950 million MSMEs grant to the Development Bank of Nigeria two months earlier than the planned date. The PUNCH reported that DBN disbursed the N950 million MSMEs fund to the bank on March 1, 2021, for a 36-month term, with the facility set to expire on March 1, […]

NNPCL secures $2bn oil-for-cash loan from Afreximbank, UBA
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NNPCL secures $2bn oil-for-cash loan from Afreximbank, UBA

The African Export-Import Bank as well as the United Bank for Africa have disbursed $2.25 billion from a $3.3 billion oil-for-cash loan facility created by the Nigerian National Petroleum Company Limited. The first payment of $2.25 billion has been disbursed, with a second tranche of $1.05 billion scheduled to follow. The $3.3 billion emergency loan […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
Business

Nigeria free to seek loan – IMF

The International Monetary Fund has stated that the naira is now under pressure and that Nigeria is free to request a loan from the Fund to stabilize the currency if it deems it a viable alternative. The Punch reported that however, the Washington-based lender acknowledged that other actions made by the Nigerian government, including recent […]

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