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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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BPP boss promotes procurement process enforcement

BPP orders full compliance with “Nigeria First” procurement policy

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CBN warns public against fake contracts, grants, intervention fund scams

CBN warns public against fake contracts, grants, intervention fund

News
EFCC to grill Tompolo over naira abuse at birthday party

EFCC to grill Tompolo over naira abuse at birthday

News
The management of Benue State University, Makurdi, has denied reports that N2 billion has gone missing from the institution's accounts

Benue State University denies alleged N2bn misappropriation

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Tag: Nigeria

Stock Market analysis
Business

Nigeria Stock Market rebounds, gained N107bn

The Nigerian Exchange Limited rebounded again as investors gained N107 billion on Wednesday despite the market’s recorded N1bn loss on Tuesday. The Punch reported that the All-Share index appreciated by 0.35 percent to 55,801.14 and market capitalization increased by 0.35 percent also to N30.397 trillion. Meanwhile, the ASI has moved 4,205.48 points since the start […]

FG owes N100bn electricity bill debt - Distributors
Business

Nigeria secures China funding to fix national grid

The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of the strained  National grid. BusinessDay reported that the statement was according to the head of TCN, Sule Abdulaziz at the Middle East Energy Conference, on Tuesday, in Dubai. During a panel session at […]

IMF logo
Business

CBN faults IMF’s report on 24% Anchor Borrowers’ payment 

The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor Borrowers’ Programme  has been paid by farmers. This contradicts the claim by the International Monetary Fund that only 24 percent of the loan had been paid. The new development was disclosed in a […]

Logo and the photo of the Central Bank of Nigeria's building
Business featured

Nigeria’s fiscal deficit hits N7.34trn in 2022

The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The Punch reported that the CBN disclosed this in the statement presented by a Monetary Policy Committee member, Mike Obadan, at the last MPC meeting in January. Meanwhile, fiscal deficit occurs when government revenue […]

Census Ad hoc Staff collating report
Business

Census: FG establishes basket fund donations  

The Federal Government of Nigeria plans to establish a basket fund to receive donations for the 2023 population and housing census. This was disclosed on Monday by the Minister of State for Budget and National Planning, Clem Agba, at a strategic partners engagement to solicit funds for the 2023 census in Abuja. The Punch reported […]

EXXONMOBIL-REFINERY
Business

ExxonMobil to complete sale of shallow water assets soon

Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets to Seplat Energy soon upon approval from the Nigerian government. This was disclosed in a statement by the President of Global Upstream, Liam Mallon, issued to Reuters. According to Nairametrics, the statement was made ahead of the CERAWeek Energy Conference […]

Bags of Fertilizers
Business Uncategorized

FG to initiate fertilizer subsidy for farmers  

  The Federal Government of Nigeria is making plans to initiate subsidy on fertilizer to farmers in the country through a programme financed by the African Development Bank and International Fund for Agricultural Development. According to The PUNCH, this information was disclosed in the IMF’s Selected Issues paper on Nigeria, prepared by fund’s team as […]

Logo of Nigeria Society of Engineers
Business

NSE implores FG to give local engineers contracts 

The Nigerian Society of Engineers has implored the Federal Government to give local engineers contract. The president of the society, Tasiu Gidari-Wudil, made this appeal on Saturday during a press conference held to commemorate World’s Engineering Day. According to The Punch, the call was in accordance with Executive Order 5 which was initiated to promote […]

From left: chairman Kuje area Council, Daniel Ibrahim, Abaji, Yahya Garba, and AMAC, Micah Jiba at the money sharing event.
Business

How FCT area council, others split N3bn budget

Bisola David The N3 billion statutory allocation for the month of January has been distributed to the six Federal Capital Territory Local Councils and other stakeholders. According to the News Agency of Nigeria, when compared to the N3,786,194,845.78 billion shared in December 2022, the N3,015,446,815.55 billion amount indicates a 20.3% drop. The statement was made on Thursday in […]

Court Symbol of Justice
Business featured

BREAKING: Old N200, N500, N1000 valid till Dec 31- Supreme Court  

Juliet Buna The Supreme Court of Nigeria on Friday in Abuja nullified the Federal Government’s cashless and Naira redesign policy, declaring it as an affront to the 1999 Constitution. According to Dailypost, The Apex Court held that President Major General Muhammadu Buhari (retd), breached the Constitution of the Federation in the ways and manners he […]

Court Symbol of Justice
Business

New naira: Supreme Court passes verdict on Friday

Supreme Court is said to pass its verdict today (Friday) on a suit instituted by some state governments against the Federal Government on the Naira re-design and cashless policy. This publication recalls that the Supreme Court’s seven-man panel of Justices led by Justice John Inyang Okoro had on Wednesday, February 22 adjourned the case of […]

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