The World Bank has completed the disbursement of a $1.5 billion loan to Nigeria following the…
Category: Business
HM Wale Edun, Senator Kalu Host Dinner to Boost Nigeria-China Ties
On Saturday evening, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale…
China and Nigeria Renew Bilateral Currency Swap Agreement
China and Nigeria have renewed their bilateral currency swap agreement, China’s central bank announced on Friday.…
CBN Attributes Q3 2024 Oil Revenue Decline to Ageing Infrastructure and Inefficiencies
The Central Bank of Nigeria (CBN) has cited ageing pipeline infrastructure and operational inefficiencies as key…
Nigeria’s Free Trade Zones Designed to Boost Exports
The Federal Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has reassured manufacturers that Nigeria’s…
World Bank Removes Loan Fees to Support Vulnerable Nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable…
Africa Contributes $285.11m to Nigeria’s Foreign Capital Inflows in Q3 2024 Amid Decline
The National Bureau of Statistics (NBS) has disclosed that African investors, excluding Nigerians, contributed $285.11 million…
Oando Records 40% Oil Production Growth Following NAOC Acquisition
Oando Plc has announced a 40% increase in oil production following its acquisition of the Nigerian…
World Bank Extends Nigeria’s Digital Identity Project Deadline to 2026
The World Bank has approved a two-year extension for Nigeria’s Digital Identity for Development (ID4D) project,…
Thousands Benefit as FG’s 50% Transport Fare Subsidy Takes Off Nationwide
Thousands of Nigerians flocked motor parks across Abuja, Lagos, and other states to take advantage of…