Month: September 2024

Maritime experts have called on the Nigerian government to address critical issues like piracy, illegal fishing, interstate disputes, and transnational crime in order to fully harness the $2.5 trillion ocean...

The Central Bank of Nigeria (CBN) has disclosed that credit to the Federal Government surged by N11.33 trillion, representing a 57.11% increase, rising from N19.83 trillion in July to N31.15...

The Nigeria Mortgage Refinance Company Plc (NMRC) has successfully secured $228 million to address the country's housing deficit and promote economic growth and development. The funding was announced via a...

The House of Representatives has called on the Federal Government to instruct the Nigerian National Petroleum Company Limited (NNPCL) and the Dangote Petroleum Refinery to permit independent marketers to commence...

The Nigerian government has secured a $600,000 relief fund and commitments from the Bill and Melinda Gates Foundation to support flood relief efforts and reforms in health and agriculture. This...

In a striking move to combat soaring inflation, the Central Bank of Nigeria's Monetary Policy Committee has implemented a series of aggressive interest rate hikes, resulting in manufacturers repaying a...

E-payment transactions in Nigeria have experienced a remarkable surge, increasing by 86.44% to ₦566.39 trillion in the first half of 2024, up from ₦303.60 trillion in the same period last...

The Federal Government has officially approved an increase in the monthly allowance for National Youth Service Corps (NYSC) members to N77,000, effective from July 2024. This decision was announced by...