The Nigerian government has issued a stern warning to power distribution companies (DisCos) across the country, threatening to revoke their operating licenses if they continue to...
Amidst mounting concerns over the depreciation of the Nigerian naira against the dollar, the Federal Government has unveiled plans to raise $10 billion to bolster liquidity...
The Federal Government of Nigeria has unveiled plans to distribute 42,000 metric tonnes (MT) of grains to impoverished Nigerians at no cost. This announcement came in...
The Nigerian Government has issued a firm ultimatum to 43 foreign embassies and diplomatic houses in Abuja, the nation’s capital, demanding the settlement of outstanding ground...
Nigeria’s solid minerals sector is poised for a significant transformation following the revelation that investors have expressed keen interest in injecting $20 billion into the industry....
Nigeria has made significant strides in bolstering its economic ties with India, securing a substantial portion of the promised $14 billion investment deal pledged during the...
Nigeria and Morocco are intensifying efforts to expedite the investment decision for the $30 billion gas pipeline project between the two countries. The discussions, spearheaded by...
The Central Bank of Nigeria (CBN) has disbursed $2 billion to Deposit Money Banks to clear its backlog of matured foreign exchange obligations to Deposit Money...
In a strategic move towards industrializing Nigeria and bolstering the steel sector, the Federal Government has initiated discussions with the Chinese company Luan Steel Holding Group....
The Federal Government has earmarked a total sum of N150 billion for the implementation of poverty alleviation programs in the fiscal year 2024. This significant allocation...