Sidi Ould Tah of Mauritania has been elected the ninth president of the African Improvement {Bank} Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose second time […]
Category: Business
FG’s ₦300bn Sukuk Provide Sees Document ₦2.2trn Oversubscription
The Federal Authorities’s ₦300 billion Collection VII Sovereign Sukuk has drawn an astonishing ₦2.205 trillion in subscriptions, marking one of the important oversubscriptions in Nigeria’s […]
Senate Approves ₦1.48trn Emergency Price range for Rivers State
In a big transfer geared toward stabilizing the governance of Rivers State below emergency rule, the Nigerian Senate has accepted the second studying of a […]
Borrowing the Future: Inside Tinubu’s $30bn Mortgage Drive, What It Means for Nigeria’s Economic system
Since President Bola Ahmed Tinubu assumed workplace in Could 2023, Nigeria has launched into one among its most aggressive borrowing sprees in latest historical past. […]
FG’s Electrical energy Subsidy Hits ₦982bn as Energy Sector Debt Disaster Deepens
The Federal Authorities’s subsidy funds to electrical energy distribution firms have risen sharply, with excellent money owed now standing at ₦982.4 billion as of Could […]
N9.7bn Digital {Bank} Heist: Employees Complicity, Cyber Syndicates, and Cracks in Nigeria’s {Financial} Firewall
A wave of cyberattacks focusing on Nigeria’s banking system has uncovered alarming cracks within the nation’s digital {financial} infrastructure—this time, with disturbing revelations of inner […]
AfDB Bids Farewell to Adesina After Profitable Ten-year Tenure
Akinwumi Adesina, President of the African Growth {Bank} (AfDB), is making ready to step down after ten years on the helm, abandoning a remodeled establishment […]
Nigeria’s Web Penetration Rises to 48.15% — NCC
Nigeria’s digital ambitions are faltering regardless of a slight rise in web penetration, as excessive prices and {economic} hardship proceed to tug down information utilization […]
Nigeria Targets 12BSCF Gasoline Output by 2030, Urges Motion
In a daring transfer to reposition Nigeria’s gasoline business for world relevance, Minister of State for Petroleum Assets (Gasoline), Ekperikpe Ekpo, has known as on […]
Nigeria, Uganda Airways Associate to Minimize Air Cargo Prices 75%
In a transfer aimed toward boosting Nigeria’s intra-African commerce footprint, the Federal Authorities has launched a strategic partnership with Uganda Airways to ease the motion […]