Nigeria Pursues $1.75bn World Bank Loan Amid Revenue Surge
The Nigerian government is set to secure $1.75 billion in new loans from the World Bank by the end of...
UK Commits $7.5 Million to Boost Nigerian Agriculture and Food Security
The United Kingdom has allocated $7.5 million in debt financing to enhance agricultural productivity and climate resilience for smallholder farmers...
Nigeria Seeks Innovative Financing to Cut $10 Billion Food Import Bill
The Federal Government of Nigeria has expressed concern over the nation’s $10 billion annual food import expenditure, urging stakeholders to...
Nigerian Pension Funds Allocate N14.5 Trillion to Government Securities in Q1 2025
Pension Fund Administrators (PFAs) in Nigeria invested N14.48 trillion of workers’ retirement savings in Federal Government securities by March 2025,...
Court Halts Reps’ Probe of Insurers Over N98.4 Billion Alleged Liabilities
The Federal High Court in Abuja has issued a temporary injunction preventing the House of Representatives Committee on Capital Market...
Nigeria Leads as Singapore’s West Africa Trade Jumps 85% to $7.47 Billion
Nigeria has solidified its position as a key driver in Singapore’s burgeoning trade with West Africa, which soared 85% to...
Nigeria’s Non-Oil Exports Surge to $3.225 Billion in H1 2025, Says NEPC
Nigeria’s non-oil exports reached $3.225 billion in the first half of 2025, marking a 19.59% increase from $2.696 billion in...
NNPC Cuts Petrol Price to N900 Per Litre Amid Market Volatility
Just two days after hiking petrol prices, the Nigerian National Petroleum Company Limited (NNPCL) has reduced the cost of Premium...
Tinubu Signs Insurance Reform Act to Drive Nigeria’s $1 Trillion Economy Goal
President Bola Ahmed Tinubu has enacted the Nigerian Insurance Industry Reform Act (NIIRA) 2025, a landmark law designed to overhaul...
Nigeria’s FG Targets N796 Billion from 5% Petrol Surcharge Starting January 2026
The Federal Government of Nigeria is poised to generate N796 billion annually from a new 5% surcharge on petrol, set...
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