The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that President Bola Tinubu’s economic reforms have brought in N6.9 trillion in government revenue from …
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FG Signs $1.5bn Deal with World Bank to Tackle Infrastructure Challenges and Boost Economy
The Federal Government has signed a massive $1.5 billion (R27 billion) loan agreement with the World Bank to help address serious infrastructure problems that have slowed down Nigeria’s economic growth …
- DevelopmentEconomyEnergyInfrastructureOil & Gas
East African Crude Oil Pipeline Now 62% Complete, Project Set for June 2026 Launch
Construction of the East African Crude Oil Pipeline (EACOP) has now reached 62 percent completion, with officials confirming that the entire project will be ready by June 2026. This was …
- Banking, Finance & InvestmentDevelopmentEconomyEthiopiaFintech
NIB Bank Partners with Arifpay to Boost Digital Payments and Support Ethiopia’s Fintech Growth
NIB Bank has entered a major partnership with Arifpay Financial Technologies, one of Ethiopia’s top fintech firms, in a move that is expected to strengthen the country’s digital economy. The …
The National Pension Commission (PenCom) has announced a major increase in monthly pension payments for retirees under the Programmed Withdrawal plan. The Director-General of PenCom, Ms. Omolola Oloworaran, disclosed that …
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Ethiopia Eyes AfCFTA to Boost Trade, Cut Deficit and Grow Economy
The Ethiopian government has declared strong interest in fully using the African Continental Free Trade Area (AfCFTA) to unlock new economic opportunities and improve the country’s trade performance. This comes …
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Ex-Hilal Takaful Boss Urges Insurance Firms to Collaborate on AI Investment
The former Managing Director of Hilal Takaful Insurance, Mrs. Thaibat Adeniran, has called on Nigerian insurance companies to collaborate as a consortium to reduce the financial burden of adopting artificial …
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Fuel Price May Hit N1,000/Litre as Global Oil Prices Climb Amid US-Iran Tensions
Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …
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MyTax Nigeria Launches Free Web App to Tackle Gaps in Public Tax
A new web-based platform, MyTax Nigeria, has been launched to help Nigerians—especially workers, freelancers, and small business owners—better understand and manage their tax responsibilities. This comes as discussions around tax …
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Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …