Tinubu Approves N45bn for Bwari and Karu Water Supply Projects
President Bola Ahmed Tinubu has approved the immediate release of N45 billion, representing 50 per cent of the contract sum...
Delta, REA Sign MoU to Provide Off-Grid Power for 471 Communities
The Delta State Government has signed a Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA) for the deployment...
DisCos Owe FG Over N2.7 Trillion in Unpaid Electricity Bills – NBET
The Nigerian Bulk Electricity Trading Company (NBET) Plc has revealed that 11 Electricity Distribution Companies (DisCos) owe the Federal Government...
Tinubu Targets $1bn Investment at TICAD9 in Japan
Nigeria’s participation at the ongoing Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan, is anchored on an ambitious...
Tinubu Removes 5% Telecom Excise Duty to Ease Cost Burden on Nigerians – NCC
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Mr. Aminu Maida, has confirmed that the 5 per cent...
Nigeria’s 3.5bn Barrels of Undeveloped Oil Valued at N341tn – NUPRC
Over 3.5 billion barrels of oil and condensate reserves are currently locked in undeveloped fields across Nigeria’s basins, according to...
PenCom Bars Pension Funds From Investing in Banks’ Additional Tier-1 Capital
The National Pension Commission (PenCom) has warned Pension Fund Administrators (PFAs) against investing pension fund assets in the Additional Tier-1...
NAICOM, SEC Forge Stronger Ties to Support Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a boost on Tuesday as the National Insurance Commission (NAICOM) and the...
Finance Minister, CBN Governor Pledge Stronger Policy Coordination for Economic Stability
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank...
Nigeria Spends $10bn on Agro-Imports, Earns Less Than $400m From Exports – Minister
The Minister of Agriculture and Food Security, Abubakar Kyari, has revealed that Nigeria spends over $10 billion annually on agricultural...
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