Despite recent reassurances by the Central Bank of Nigeria (CBN) regarding the abundant circulation of the naira, reports of currency scarcity have surged across several states...
In the first nine months of 2023, the 36 states of Nigeria collectively spent N1.71 trillion on recurrent expenditures, encompassing allowances, foreign trips, office stationery, and...
The Minister of Works, David Umahi, has unveiled an ambitious plan to revolutionize Nigeria’s road infrastructure, disclosing that the government is seeking a $35 billion investment...
The Central Bank of Nigeria (CBN) has once again deferred the meeting of its Monetary Policy Committee (MPC), leaving investors and analysts in anticipation of Governor...
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, announced plans for the in-country production of 2,000 tractors annually. The minister emphasized that this initiative...
The Federal Government of Nigeria is poised to withdraw civil claims amounting to $1.1 billion against Eni SpA, signaling the conclusion of a protracted legal dispute...
Amidst the persistent fuel queues in Abuja, Nasarawa, and Niger States, oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) offer conflicting narratives on the...
Nigeria’s annual inflation rate surged to 27.33% in October from the 26.72% recorded in the previous month, according to the National Bureau of Statistics (NBS). The...
The Federal Government, through the Niger Delta Power Holding Company (NDPHC), has inked a Power Purchase Agreement with various utility companies, paving the way for the...
The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, under construction by Oilserve Limited, is set to...
