FG Secures $500 Million World Bank Loan to Boost Power Distribution
Despite the N4 trillion debt burden weighing on Nigeria’s electricity sector, the Federal Government has secured a $500 million loan...
Nigeria Surpasses OPEC Oil Quota Again in June with 1.5m Barrels Daily Output
Nigeria has exceeded its OPEC crude oil production quota of 1.5 million barrels per day (bpd) for the second time...
FG Targets $1.5 Billion Annual Savings with Bold Push for Local Fish Production
The Federal Government of Nigeria is intensifying efforts to boost local fish production and cut down reliance on fish imports,...
Dollar Rebounds as Markets Steady After Powell Speculation Shakes US Trading
The U.S. dollar regained ground on Thursday, recouping losses from a turbulent Wednesday as global markets responded to speculation about...
Oil Prices Rebound on Positive Economic Data and Easing Trade Tensions
Oil prices edged higher on Thursday, breaking a three-day losing streak as better-than-expected economic indicators from major oil-consuming countries and...
FirstBank Strengthens UNGC Partnership to Drive Sustainable Finance and Development
FirstBank, West Africa’s premier financial institution and leading provider of financial inclusion services, has reinforced its commitment to sustainable development...
Global Trade Accelerates in Q1 2025 Amid Tariff Fears — WTO
Global goods trade expanded in the first quarter of 2025, as importers rushed to stockpile goods ahead of anticipated tariff...
Nigeria’s Insurance Sector Assets Hit N4.2tn in Q1 2025, Gross Premium Soars 63.4%
Nigeria’s insurance sector recorded a robust 27.3% year-on-year asset growth in the first quarter of 2025 (Q1 2025), with total...
Discos Post 40% Revenue Surge in April Despite Drop in Electricity Supply
Nigeria’s electricity Distribution Companies (Discos) recorded a 40% year-on-year revenue increase in April 2025, collecting a record N199.85 billion, even...
NMDPRA Strengthens Regulatory Framework with Legal Forum for Petroleum Sector
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to enforcing a unified culture of compliance...
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