Economy
Edun Urges Nigeria to Cut Borrowing and Strengthen Domestic Revenue Base
The Minister of Finance and Coordinating Minister of the Economy Wale Edun has said Nigeria must urgently reduce its dependence on borrowing and...
Nigeria Revenue Service Targets N40.7tn Revenue for 2026 on Non Oil Growth Drive
The Nigeria Revenue Service has set an ambitious revenue target of N40.7tn for the 2026 fiscal year, relying on stronger non oil collections...
28 Ships Laden with Petroleum Products and Commodities Expected at Lagos Ports
The Nigerian Ports Authority (NPA) has announced that no fewer than 28 ships carrying petroleum products and other commodities are expected to arrive...
Access Bank Bidvest Bank Acquisition Collapses After Deadline Expires
Access Holdings Plc has confirmed that its banking subsidiary Access Bank Plc was unable to complete its proposed acquisition of a 100 per...
NSITF Denies Allegations of Financial Mismanagement, Reaffirms Commitment to Reforms
The Nigeria Social Insurance Trust Fund (NSITF) has refuted claims of financial impropriety against its Managing Director/CEO, describing them as false, malicious, and...
Africa Must Shift Global Energy Dialogue to Inclusive Energy Mix – Minister Lokpobiri
Minister of State for Petroleum Resources, Heineken Lokpobiri, has called on African countries to advocate for a global energy conversation that prioritises a...
World Bank Cuts Planned Grant to CBN from $10.5m to $6.8m Ahead of March Board Review
The World Bank has reduced the size of a planned grant to the Central Bank of Nigeria from 10.5 million dollars to 6.8...
NERC Urges Judges to Familiarise Themselves with State Electricity Regulations
ABUJA — The Nigerian Electricity Regulatory Commission (NERC) on Monday urged judges to deepen their understanding of state electricity regulations amid the ongoing...
NNPC Spent N13.2tn on State Refineries Despite Mounting Losses
The Nigerian National Petroleum Company Limited injected an estimated N13.2 trillion into the country’s three state owned refineries between 2023 and 2024, despite...
Investors Target Over 500 Million Dollars in Deals at Lagos Investment Summit
Business stakeholders are targeting investment deals worth more than 500 million dollars across key sectors at the upcoming World Integrated Economic Growth Initiative...
