The International Monetary Fund (IMF) says Nigeria can make real progress if it increases its revenue, builds a better national budget system, and expands its cash transfer programme to help …
Category:
Nigeria
- Banking, Finance & InvestmentDigital EconomyFinance & ServicesNigeria
CBN Clears Air on NRBVN Charges, Says No Hidden Fees for Bank Verification Number
The Central Bank of Nigeria (CBN) has dismissed claims of hidden charges in the Bank Verification Number (BVN) process, assuring Nigerians that the enrolment remains free for residents in the …
A prominent member of the Tinubu-Shettima Presidential Campaign Council and former Commissioner for Finance in Kaduna State, Hon. Ismail Aliyu Makarfi, has officially resigned his membership of the All Progressives …
- Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
NGX Opens Week Strong with N193bn Gain
The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …
- BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
- ELECTRICITYEnvironmentInfrastructureNigeria
Storm Damages IBEDC Infrastructure, 40 Ibadan Communities
About 40 communities in Ibadan, Oyo State, have been thrown into darkness after a windstorm destroyed major electricity infrastructure belonging to the Ibadan Electricity Distribution Company (IBEDC). This marks the …
At least ten Nigerian states have collectively raised their domestic debt stock by ₦417.7 billion within a year, despite receiving increased monthly revenue from the Federation Account Allocation Committee (FAAC), …
- BusinessDangote IndustriesEconomyEnergyMarketsNigeriaOil & Gas
Petrol Prices Drop Below N900 Across South-West
Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …
- EconomyEnergyGOVERNMENTInfrastructureInternational RelationsNigeriaTechnology
FG Unveils $150,000 Solar Testing Centre to Tackle Substandard Products
The Federal Government has commissioned Nigeria’s first Mini-grid Simulation and Standardisation Centre, a $150,000 facility aimed at regulating the quality of solar components and promoting local manufacturing of renewable energy …
The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …