FG Commissions 505kW Solar Mini-Grid in Epe, Unveils Additional 5MW Renewable Energy Expansion
The Federal Government has commissioned a 505-kilowatt interconnected solar mini-grid in Epe, Lagos State, and announced plans to develop an...
FG Borrowing Jumps 75.6% to N40.38tn as Banks Increase Exposure to Public Debt
Nigeria’s credit exposure to the Federal Government surged by 75.6 per cent year-on-year to N40.38 trillion in May 2026, highlighting...
Nigeria Pushes for Africa-Wide Payment Card to Enable Direct Currency Transactions
The Federal Government has called for the development of a cross-border payment card that would enable transactions between African currencies...
Tax Authorities Tighten Oversight as New Practitioners Warned on Ethics and Compliance
Certified tax practitioners have been cautioned to prepare for stricter monitoring, enforcement and compliance measures as authorities intensify efforts to...
Cash Outside Banks Hits N5.19tn as Nigeria’s Cash Economy Defies Digital Push
Cash held outside Nigeria’s banking system rose to N5.19 trillion in May 2026, despite ongoing efforts by the Central Bank...
ACCI Seeks Stronger Partnership with Fiscal Responsibility Commission on Economic Reforms
The Abuja Chamber of Commerce and Industry (ACCI) has called for stronger collaboration with the Fiscal Responsibility Commission (FRC) to...
FG Unveils New PPP Framework to Drive $2.3tn Infrastructure Development
The Federal Government has unveiled a new Public-Private Partnership (PPP) framework aimed at accelerating the delivery of infrastructure projects and...
Petrol Price Surges 55.3% to N1,596 Per Litre in May — NBS
The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased by 55.31 per cent year-on-year to...
Tinubu Hails Nigeria’s Youths as Mastercard Unveils Plan to Train Five Million Businesses
President Bola Ahmed Tinubu has described Nigeria’s youthful population as the country’s greatest asset, assuring foreign investors that the nation’s...
Renewable Energy Fastest Route to Nigeria’s Economic Growth, REA Boss Says
The Managing Director and Chief Executive Officer of the Rural Electrification Agency (REA), Dr. Abba Aliyu, has described distributed renewable...
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