IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms
The International Monetary Fund (IMF) has expressed concern over the lack of a robust social safety net in Nigeria, warning...
CBN Clarifies: No Hidden Charges for BVN; $50 NRBVN Fee Covers Processing for Diaspora Nigerians
The Central Bank of Nigeria (CBN) has clarified that no hidden charges have been introduced to the Bank Verification Number...
Nigeria’s Upstream Sector Meets 77% Domestic Gas Obligation Despite Infrastructure Gaps
Despite persistent infrastructure challenges in Nigeria’s gas sector, the country’s upstream oil and gas segment fulfilled 77% of its Domestic...
Senate Passes Bill Mandating 30% Local Processing of Exported Raw Materials
In a significant policy shift aimed at accelerating industrialisation and enhancing local manufacturing, the Nigerian Senate has passed a bill...
Discos Collect ₦553.63bn in Q1 2025 According to NERC
Electricity Distribution Companies (Discos) in Nigeria collected ₦553.63 billion in revenue during the first quarter of 2025, according to the...
House Committee Approves N774.77bn Budget for NIMASA in 2025
The House of Representatives Committee on Maritime Safety, Education and Administration has approved the 2025 budget proposal of ₦774.77 billion...
TCN Warns Vandalism Threatens Nigeria’s Power Supply Stability
The Transmission Company of Nigeria (TCN) has raised serious concerns over the persistent vandalism of its infrastructure, warning that the...
Shettima Urges Judiciary to Bolster Capital Market Confidence with Timely, Sound Judgments
Vice President Kashim Shettima has called on the Nigerian judiciary to play a stronger role in supporting the nation’s capital...
Asian Markets Rebound as Trump Signals Openness to Trade Talks
Most Asian stock indexes climbed on Tuesday after U.S. President Donald Trump left the door open for additional trade negotiations,...
Oil Prices Edge Lower on Tariff Worries, OPEC+ Output Hike
Oil prices retreated on Tuesday, easing after nearly 2% gains in the previous session, as markets responded to fresh U.S....
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