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July 8, 2026

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July 8, 2026

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World Bank Forecasts Nigeria’s Revenue-to-GDP Ratio to Surpass 10.5%

The World Bank projects Nigeria’s revenue-to-GDP ratio to exceed 10.5% in 2024, while the government tackles inflation with agriculture-focused initiatives

October 16, 2024

Business

WFP Seeks $228 Million to Avert Hunger Crisis in Northeast Nigeria

WFP calls for $228 million to support 1.6 million people in northeast Nigeria as hunger and conflict drive a severe humanitarian crisis

October 15, 2024

Business

Binance Executive Denied Bail in Nigeria: Implications for Crypto Regulation and the Legal Landscape

The denial of bail for Binance’s compliance chief in Nigeria, charged with money laundering, raises questions about cryptocurrency regulation and the country's legal system.

October 14, 2024

Business

Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

October 9, 2024

Business

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

October 8, 2024

Business

Dangote Refinery Set to Boost Nigerian Economy by $400B Over Six Years

Dangote refinery is projected to boost Nigeria’s economy, reduce fuel imports, and generate jobs, significantly impacting growth by 2030

October 7, 2024

Business

FBI Seeks EFCC Aid to Arrest Two Nigerians Over $13m U.S Healthcare Fraud

The FBI has requested the EFCC's assistance in apprehending two Nigerian fugitives accused of orchestrating a $13 million healthcare fraud scheme in the United States

October 5, 2024

Business

World Bank Approves $1.57 Billion to Boost Human Capital in Nigeria

The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience

October 1, 2024

Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.

September 30, 2024

Business

Nigeria to Cut Transport Costs by 40% with CNG Shift

Nigeria adopts CNG to reduce transport fares by 40%, aiming for cheaper, cleaner, and more reliable transportation for its citizens

September 28, 2024

Business

Dangote Urges Government to End Fuel Subsidies Immediately

Aliko Dangote calls for an immediate end to fuel subsidies in Nigeria, explaining how it could reduce costs and stabilize the economy

September 25, 2024

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Tinubu Prioritizes Financial Sector to Attract Domestic, Foreign Investments

President Bola Tinubu assures a business-friendly environment to attract domestic and foreign investments during a meeting with Coca-Cola's leadership team.

September 20, 2024