Economy
FG Signs Agreements with 10 Companies to Boost Nigeria’s Gas Infrastructure
On May 29, 2025, the Federal Government of Nigeria signed joint venture agreements with ten companies under the Midstream and...
Read more
NGX Sustains Bullish Momentum, Gains N187 Billion in Market Capitalization
On May 29, 2025, the Nigerian Exchange (NGX) extended its bullish run, with market capitalization rising by N187 billion to...
Read more
Forex Market Liberalization Bolsters Investor Confidence in Nigeria’s Economy
On May 29, 2025, Nigeria’s foreign exchange (FX) market liberalization, initiated in June 2023, has significantly enhanced investor confidence by...
Read more
Implications of Declining Aid and Remittances for Low-Income African Nations
The African Development Bank (AfDB) report highlights severe challenges facing low-income African nations as global aid and remittance flows decline,...
Read more
Agip Oil Triumphs as Appeal Court Dismisses Malabu Oil’s $1.3 Billion OPL 245 Suit
On May 27, 2025, the Court of Appeal in Abuja dismissed Malabu Oil and Gas Ltd’s $1.3 billion claim over...
Read more
NELFUND Disburses N56.85 Billion in Student Loans to 298,124 Beneficiaries in First Year
On May 28, 2025, the Nigerian Education Loan Fund (NELFUND) announced the disbursement of N56.85 billion in interest-free loans to...
Read more
Nigeria’s Debt to Surge to N183 Trillion with Tinubu’s $24.14 Billion Borrowing Plan
On May 28, 2025, President Bola Tinubu’s request to the National Assembly for approval of a $24.14 billion foreign loan...
Read more
Nigeria Reinstates $300 Helicopter Levy, Shifts Cost to Oil Companies
On May 28, 2025, the Federal Government of Nigeria announced the reinstatement of a $300 offshore helicopter landing levy, with...
Read more
Tinubu Seeks $21.5 Billion Loan, Clarifies Borrowing Strategy for 2025-2026
On May 28, 2025, the Federal Government of Nigeria addressed concerns over President Bola Tinubu’s proposed $21.5 billion external borrowing...
Read more
Foreign Investment in Nigerian Equities Plummets 92.39% in April 2025 Amid Global Tensions
Foreign portfolio investment (FPI) in Nigeria’s stock market experienced a dramatic 92.39% decline in April 2025, with inflows dropping to...
Read more
Popular Story
CBN Plans N700 Billion Treasury Bills Auction on May 7
UBA Moves to Safeguard Reputation as Three Face Arrest Over False Claims Against Tony Elumelu
FG Takes Governors to Supreme Court Over Local Government Allocations
Assets in CBN’s National Collateral Registry Hits N1.561tn
Wapic raises share capital to N15b ahead of regulatory order
