Economy
FG to Streamline Procurement Process for Manufacturers, MSMEs
Nigeria’s federal government has launched a renewed push to strengthen local industries through its ‘Nigeria First’ policy, which focuses on...
Read more
JUST IN: CBN Retains Monetary Rates at 27.5%
The Central Bank of Nigeria (CBN) has decided to maintain its Monetary Policy Rate (MPR) at 27.5 per cent, following...
Read more
Lagos Secures $22 Million FDI to Expand Fibre Network, Bolster Digital Access for MSMEs
The Lagos State Government has secured a $22 million foreign direct investment to expand its fibre optic infrastructure, a move...
Read more
Nigeria committed to harnessing AfCFTA Potential for Sustainable Economic Growth – Minister
The Nigerian government has reaffirmed its commitment to fully harnessing the African Continental Free Trade Area (AfCFTA) agreement to drive...
Read more
Nigeria Joins EBRD, Unlocking New International Funding for SMEs and Private Sector Growth
Nigeria has officially become a member of the European Bank for Reconstruction and Development (EBRD), marking a pivotal step in...
Read more
AfDB, Development Bank Launch $610 Million Plan to Tackle Climate Fragility in Africa
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have unveiled a joint $610 million initiative aimed at...
Read more
World Bank Criticizes NNPCL for Withholding Half of Fuel Subsidy Savings Despite Increased Government Revenue
The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL) for remitting only 50 percent of...
Read more
Edun Urges Finance Ministry to Drive Reforms Toward 7% Economic Growth
Nigeria’s Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has challenged the leadership of the Federal Ministry...
Read more
Nigeria First’ Policy, Long Awaited Relief to Manufacturers —MAN
The Manufacturers Association of Nigeria (MAN) has described the federal government’s ‘Nigeria First’ policy directive as a long-awaited relief to...
Read more
FG Bans MDA’s for Locally Available Goods to Boost Naira, Economy
President Bola Tinubu has ordered all Ministries, Departments, and Agencies (MDAs) to immediately stop procuring foreign goods and services that...
Read more