As part of the efforts to protect the sugar industry, which is governed by the Nigerian Sugar Master Plan (NSMP), the federal government has banned the...
Meanwhile, the Federal Government has queried the report of a survey conducted by the World Bank which claimed that 78 per cent of power consumers in...
The Federal Government of Nigeria is spending $1.5bn (N568.5bn at N379/$ exchange rate) annually to fund electricity tariff shortfalls, the World Bank has said. According to...
Promoters of the proposed Escravos Seaport Industrial Complex (ESIC – 1) have revealed that the $2.9 billion (N1.16 trillion) project will attract $50 billion (N20 trillion)...
In a recent report, it was asserted that there has been a massive portfolio outflow of over $5 billion from Africa in the first quarter of...
The Nigeria Customs Service (NCS) realised N466.1 billion in revenue in the first quarter (Q1) of 2021, according to the latest data from the Public Relations...
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said the African Continental Free Trade Agreement (AfCFTA) could give Nigerian businesses access to...
The Federal Government will yet again borrow another $1.5 billion and €995 million external loans following the Senate approval on Tuesday. Senator Clifford Ordia, the Chairman...
The United Nations World Food Programme (WFP) welcomes a contribution of US$6.5 million from the Government of Japan. This contribution is timely at the start of...
Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130b from Nigerian banks in February amid...
