The Nigerian automotive industry is in crisis, with dealers lamenting the near-collapse of car sales due to soaring vehicle prices and lack of supportive government policies. Automobile dealers say prices …
The Debt Management Office (DMO) has announced the public offering of N300 billion worth of Federal Government of Nigeria (FGN) bonds for subscription through auction, as part of the government’s …
The Federal Government has announced plans to establish new industrial hubs in four states as part of a broader strategy to boost Nigeria’s economy through manufacturing and innovation. This was …
A Nigerian loan recovery company, Mida Technologies, says it is recovering up to 40 per cent of bad loans by using a human-focused approach supported by technology, breaking away from …
First Electric, a top solar energy provider in Nigeria, has signed a landmark cooperation agreement with the Renewable Energy Association of Nigeria (REAN) aimed at expanding access to solar energy …
Former President Goodluck Jonathan has said that the Western oil companies that discovered crude oil in Nigeria failed to develop the country because they did not transfer technical knowledge or …
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
Despite the tightening of visa requirements by countries like the United States, the United Kingdom, and several Schengen states, industry experts predict that international travel from Nigeria will generate higher …
The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
The Federal Capital Territory (FCT) Administration has proposed a total of N137 billion as capital expenditure for the Satellite Towns Development Department (STDD) in the 2025 statutory budget, reflecting a …
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