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Tinubu’s Missteps: Fuel Import Licenses and Naira Float

Recent proposals by prominent Nigerian politician Bola Tinubu regarding fuel import licenses and floating...

Oil Theft – NNPC Battles 9,000 Pipeline Infractions

The Nigerian National Petroleum Corporation reports a staggering 9,000 pipeline infractions in a year, spotlighting the dire battle against rampant oil theft.

Tinubu’s Orders: A New Dawn in Nigeria’s Oil Sector

In a bold move to tackle corruption in Nigeria’s oil industry, President Bola Tinubu...

Female Entrepreneurs Empower SMEs at UBA’s Women’s Day Event

Learn from leading female entrepreneurs at UBA’s event on building successful, resilient brands and investing in self-development for business growth.

CBN Sells Over N1 Trillion OMO Bills, Attracts Foreign Investors

The Central Bank of Nigeria (CBN) has announced the successful completion of a sale...

Nigeria Launches Five Power Projects, Boosts National Grid Capacity

Minister Adelabu inaugurates five power projects under PPI, partnering with Siemens and Germany, to significantly improve Nigeria's electricity supply.

Urgent Call for Action as Lagos Faces Maritime Safety Crisis

NIWA reports 75% of Lagos boats unseaworthy, demanding immediate action for maritime safety and stricter boat maintenance standards.

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...

Telecoms FDI Plunges $322.8M in Nigeria, NBS Reports Decline

In 2023, Nigeria's telecom sector faced a significant FDI decrease of $322.8 million, reflecting challenges in attracting foreign investments for the country's digital infrastructure, NBS data reveals.

Nigeria May Import Cement to Curb Price Hike

    Nigeria’s government has warned that it may resort to importing cement if the local...

Strategic Moves Ahead as Banks Gear Up for a $1 Trillion

Nigerian banks set to navigate a transformative recapitalization journey, aligning with CBN's vision for a robust $1 trillion economy.

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