AfDB boosts electricity reforms in West Africa with $2m technical grant
THE Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) group has approved a technical assistance grant...
Nigeria loses $1.7b JP Morgan oil trial
JP Morgan Chase has won a $1.7 billion London High Court battle against Nigeria over its role in a disputed 2011 oilfield deal.
The civil...
Rewane: Nigerian banks to reap big from AfCFTA
Deposit Money Banks (DMBs) in Nigeria and their South African counterparts will enjoy large profits when the African Union (AU) commences implementation of the...
World Bank Approves $3Billion Loan for Nigeria
The World Bank has approved a $3billion loan for Nigeria to expand its electricity transmission and distribution networks.
The finance minister Zainah Ahmed confirmed this...
Buhari Presents N13.8tr 2021 Budget To The National Assembly
Nigerian President, Muhammadu Buhari on Thursday presented the sum of 13.8 trillion naira budget to the joint session of the National Assembly for 2021...
African Development Bank approves $20 million investment in Metier Fund to support renewable energy...
The Board of Directors of the African Development Bank has approved a $20 million investment in the Metier Sustainable Capital International Fund II, which...
I’ll continue to support women, youths – Nigeria’s First Lady says at ECOWAS Parliament
Nigeria's First Lady, Aisha Buhari, has assured that she will continue to support the girl-child and youths through her foundation.
The wife of President Muhammadu...
NBS: FG Records N927.2 billion Trade Surplus in Q1 2023
According to the National Bureau of Statistics (NBS), between January and March, Nigeria had a trade surplus of N927.16 billion.
An economic indicator of a...
Nigeria Central Bank surprises with first rate hike in six years
Nigeria’s central bank unexpectedly raised its benchmark interest rate for the first time in almost six years to curb accelerating inflation.
The monetary policy committee...
AFCFTA: Gbajabiamila tasks Nigeria on industrialisation
Speaker of the House of Representatives Femi Gbajabiamila says Nigeria must increase its industrialisation and manufacturing activities through the free trade zones to survive...
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