The World Bank is set to decide on three major loan projects for Nigeria in 2025,…
Category: Business
NNPC Secures $1bn Crude-Backed Loan to Support Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has secured a $1 billion loan backed by crude…
PMAF Commends FIRS Chairman Dr. Zacch Adedeji’s Leadership
The Policy Monitoring and Accountability Foundation (PMAF) has praised Dr. Zacch Adedeji, Executive Chairman of the…
Inflation Rate Rises to 34.60% in Nov 2024, Food Inflation Hits 39.93%
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate rose to 34.60%…
Rail Revenue Drops 4% to N2.2bn in Q3’24
Revenue from rail transport declined by 4.7 percent year-on-year (YoY) to N2.19 billion in the third…
Nigeria Secures $5 Billion Investment as Shell Approves Bonga North Deepwater Oil Project
In a major boost to Nigeria’s energy sector, President Bola Ahmed Tinubu has welcomed Shell and…
Nigeria, U.S. Collaborate to Boost Skills in Transportation Sector
The Federal Government of Nigeria and the United States have launched a collaborative effort to enhance…
Dangote Refinery Exports Petrol to African Nations, Impresses Japanese Delegation
The Dangote Refinery has begun exporting Premium Motor Spirit (PMS), also known as petrol, to countries…
WTC Abuja to Launch New Amenities and Trade Initiatives in 2025
Abuja, Nigeria — The World Trade Centre (WTC) Abuja has announced ambitious plans to introduce new…
FG, States, LGAs Share N1.727 Trillion as Federation Allocation for November 2024
The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired by the Honourable Minister…