The Federal Government of Nigeria has announced plans to raise N300 billion from the bond market through an auction scheduled for Sunday, May 26, 2025. The move is part of …
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- EconomyEnergyGOVERNMENTINVESTMENTLeadershipNigeriaOil & Gas
Tinubu Charges New NNPC Board to Drive Economic Transformation, Boost Oil Output
President Bola Ahmed Tinubu has tasked the newly inaugurated board of the Nigerian National Petroleum Company Limited (NNPCL) with the critical responsibility of using their industry experience and expertise to …
- Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
- BusinessBusiness PoliciesEconomyGOVERNMENTInternational RelationsNigeriaTrade and Commerce
FG, Nigeria-China Partnership Set to Boost Mining and Automotive Sectors Under Renewed Hope Agenda
The Federal Government of Nigeria has reaffirmed its commitment to transform the country’s economy by focusing on the mining and automotive industries as major drivers of industrial development. This was …
- EconomyGOVERNMENTHealthcareInternational RelationsNigeriaSecurityTrade and Commerce
Customs Intercepts N3.2 Billion Worth of Codeine, Cosmetics, and Contraband at Lagos Port
The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a significant shipment of illicit pharmaceuticals and other contraband goods valued at approximately N3.2 billion. The seizure, which …
- DevelopmentGOVERNMENTNigeriaSecurityTANZANIATransportation & Logisitics
Nigeria, Tanzania Deepen Maritime Ties, Back IMO Council Bid
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Tanzania Shipping Agencies Corporation (TASAC) have agreed to strengthen bilateral cooperation in key areas of maritime operations, including port and …
- EconomyEnergyGOVERNMENTLabourNigeriaOil & GasPoliciesTransportation & Logisitics
FG Bans Night Movement for Fuel Tankers, Sets New Safety Rules
The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …
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AM Best Assigns ‘B+’ Rating to Linkage Assurance Plc, Cites Strong Balance Sheet and Risk Management
Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …
- AfricaEconomyGOVERNMENTNigeriaPolicies
National Assembly Staff Call for Return to Contributory Pension Scheme
Workers under the National Assembly Service Commission have asked to be returned to the Contributory Pension Scheme (CPS), two years after they were removed from it by a new law. …
- BusinessEconomyFinance & ServicesGOVERNMENTInsuranceINVESTMENTNewsNigeria
IGI Pays Over N1.8bn in Insurance Claims, Targets Higher Payouts in 2024
Industrial and General Insurance Plc (IGI) has announced that it paid more than ₦1.8 billion in claims to policyholders over the past year, reaffirming its commitment to rebuilding public trust …