Nigerian mobile operators have agreed to invest revenue from a proposed 100% tariff increase into major…
Category: Business
Nigeria’s FX Reserves Surge by $591.78m Following Eurobond Auction
Nigeria’s foreign exchange (FX) reserves increased by $591.78 million in the month following the government’s $2.2…
World Bank Urges Private Sector Support for “Mission 300” to Electrify Sub-Saharan Africa
The World Bank has called on private sector investors to play a crucial role in achieving…
Federal High Court of Nigeria Rules Delays in Passport Issuance Violate Law and Freedom of Movement
The Federal High Court of Nigeria delivered a landmark judgment on December 4, 2024, declaring that…
CBN Reports 63.7% Increase in Remittance Inflows for 2024
The Central Bank of Nigeria (CBN) has announced a remarkable 63.7% surge in inflows from international…
Tony Elumelu Foundation Opens Applications for 2025 Entrepreneurship Programmes
The Tony Elumelu Foundation (TEF) has announced the commencement of applications for its 2025 Entrepreneurship Programmes,…
Auditor-General Uncovers N514bn Financial Infractions in NNPCL Operations
The Office of the Auditor-General for the Federation has revealed significant financial irregularities amounting to N514…
NBS Website Remains Inaccessible Three Weeks After Hack
The official website of the National Bureau of Statistics (NBS), www.nigerianstat.gov.ng, has been offline for three…
FG Allocates N4 Billion for Presidential Helipad, Jetty in Lagos
The Federal Government of Nigeria has allocated N4 billion for the construction of a presidential helipad…
Nigeria Secures $9.09 Billion in 2024 Under Wale Edun to Boost Economy and Defend the Naira
In 2024, Nigeria saw $9.09 billion under Wale Edun, Nigeria’s finance minister, which was deployed for…