The naira weakened marginally against the U.S. dollar on Thursday, trading at N1,650.20 at the official…
Category: Business
FEC Approves $2.2 Billion Borrowing Plan, Launches N250 Billion Real Estate Fund
The Federal Executive Council (FEC) has approved a $2.2 billion external borrowing plan to boost Nigeria’s…
House of Reps Committee Commits to Supporting Ministry of Finance Incorporated’s Asset Recovery Efforts
The House of Representatives Committee on Finance pledged its support to the Ministry of Finance Incorporated…
President Tinubu Approves New Disaster Relief Fund to Bolster Nigeria’s Humanitarian Response
In a significant step toward strengthening Nigeria’s disaster response capabilities, President Bola Tinubu has approved the…
President Tinubu’s Energy Reforms Unlock Billions in Investment Potential and Economic Growth
Nigeria’s ambitious energy reforms under President Bola Tinubu’s administration have begun delivering substantial progress, according to…
Federal Government Proposes N47.9 Trillion Expenditure for 2025 Budget
The federal government has announced a proposed total expenditure of N47.9 trillion for the 2025 budget,…
Dele Alake Hosts House of Reps Committee for Oversight Visit on Solid Minerals Development
In a significant step towards strengthening Nigeria’s solid minerals sector, Minister of Solid Minerals Development, Dele…
NNPCL Reaches 1.8 Million Barrels Per Day in Oil Production
The Nigerian National Petroleum Company Limited (NNPCL) announced on Thursday that it has achieved a crude…
Naira Bounces Back, Gains 2.63% Against Dollar After Three-Day Slump
The Nigerian naira rebounded on Wednesday, recovering from three consecutive days of losses to close at…
Oil Prices Slip Amid Worries Over Rising Global Production and Slow Demand Growth
Oil prices dipped in early trading on Thursday, reversing much of the previous session’s gains, as…