Economy
World Bank Calls for $30 Trillion Boost to Hit Net-Zero Emission by 2050
The World Bank has called for an additional $30 trillion investment to achieve global net-zero emissions by 2050, highlighting significant...
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Firm Unveils Tech Hub For Disadvantaged Children
The Offshore Lab, in collaboration with the Nigerian National Petroleum Corporation Limited (NNPCL) and Shell Petroleum Development Company (SPDC), has...
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FAAC Distributes N1.727 Trillion to FG, States, and LGAs for November
The Federation Accounts Allocation Committee (FAAC) has distributed N1.727 trillion among the Federal Government, state governments, and local government councils...
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Petrol Landing Cost Drops to N900 as Marketers Import Over 121 Million Litres
The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria dropped by N36 to N900.28 per...
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PenCom Reviews Pension Fund Investments to Protect Contributors Amid Economic Challenges
The National Pension Commission (PenCom) has initiated a review of investment regulations for pension funds to diversify into inflation-protected instruments,...
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NAFDAC Cracks Down on Sachet Alcohol Sales, Seizes Illicit Beverages in Owerri
The National Agency for Food and Drug Administration and Control (NAFDAC) has ramped up its enforcement of the federal government's...
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US Embassy Issues New Directive for Nigerian Visa Applicants
The United States Embassy in Nigeria has announced changes to its immigration visa procedures, effective January 1, 2025. Immigrant visa...
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Nigeria’s PoS Terminals Soar to 3.04 Million Amid Cashless Shift
As of July 2024, the number of Point of Sale (PoS) terminals deployed across Nigeria surged to 3.04 million, marking...
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US Companies Invest $3.26 Billion in Bitcoin Amid Price Surge
In the first week of December, three major US companies MicroStrategy, Marathon Digital, and Riot Platform made substantial Bitcoin acquisitions,...
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Bank Directors Commits to Support Inclusive Tax Reforms
The Bank Directors Association of Nigeria (BDAN) has reaffirmed its commitment to fostering fiscal policies that strengthen Nigeria's financial ecosystem....
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