Economy
World Bank Commits $750 Million to Enhance Nigeria’s Electricity Project.
The World Bank has unveiled plans to invest an additional $750 million in the Nigeria Electrification Project (NEP), aimed at...
Read more
CBN, NSA exposed $616m deals Raise Concerns of Opaque Dealings.
In a revelation that sheds light on the opaque dealings of the Central Bank of Nigeria (CBN) under the recently...
Read more
World Bank Approves $500m Loan for Tinubu to Drive Women’s Empowerment in Nigeria
The World Bank Group has granted a loan of $500 million to Nigeria to support women's empowerment initiatives, aiming to...
Read more
Abuja Electricity Distribution Company (AEDC) Reverses Decision on Electricity Tariff Increase.
Abuja Electricity Distribution Company (AEDC) has made a U-turn on its earlier decision to implement an increase in electricity tariffs...
Read more
Analyzing Nigeria’s Money Supply: Money Supply drops, as currency in circulation rises by 6.32%
Money supply, also known as M3, decreased by 0.43 percent in May 2023 according to the Central Bank of Nigeria...
Read more
Nigerian Electricity Distributors Alert Customers to 40% Tariff Increase from July 1.
Nigerian Electricity Distribution Companies (Discos) have notified their customers about an upcoming electricity tariff increase scheduled to take effect from...
Read more
Retail Prices for Cooking Gas in Nigeria Hit 11-Month Low, Providing Relief for Consumers.
The average retail price for refilling a 12.5 kg cooking gas cylinder in Nigeria has reached its lowest point in...
Read more
Nigeria Customs Service Increases Port Exchange Rate to N589.5/$.
The Nigeria Customs Service (NCS) has announced an increase in the exchange rate for cargo clearing at the port, as...
Read more
Fuel Subsidy Removal Leads to Decreased Fuel Smuggling – Customs
The Adamawa/Taraba Area Command of the Nigeria Customs Service has announced a significant reduction in the smuggling of premium motor...
Read more
FAAC Shares N786.161 Billion May 2023 Revenue to Federal, State, and Local Governments.
The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N786.161 billion as May 2023 Federation Account Revenue...
Read more
Popular Story
Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market
NGX Dips as Profit-Taking Wipes Out N107bn in Market Value
Nigeria’s External Debt Servicing Bill Climbs to $5.21bn in 2025, Claiming 72% of International Outflows
CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines
Why Nigeria misses out of Africa’s top 10 profitable routes
