Economy
ExxonMobil Invests $10 Billion in Nigerian Oil Projects to Boost African Oil Production to 180,000 bpd
ExxonMobil is set to invest $10 billion in deep-water oil projects in Nigeria, Africa's largest oil-producing country, with an expected...
Read more
Women-Led Businesses Get Boost as Stakeholders Seek End to Funding Barriers
At the second Gender Impact Investment Summit, held in Lagos, stakeholders called for the removal of barriers preventing women-led businesses...
Read more
FG Raises NYSC Monthly Allowance to N77,000, Effective July 2024
The Federal Government has officially increased the monthly allowance for National Youth Service Corps (NYSC) members to ₦77,000, effective from...
Read more
ECOWAS Approves $15 Billion For Lagos-Abidjan Corridor Highway Design
The Economic Community of West African States (ECOWAS) has approved the design for the $15 billion Lagos-Abidjan corridor highway development...
Read more
National Cash Transfer Program: Nigerian Govt Disburses N24.78bn to Over 990,000 Households
The Federal Government of Nigeria has disbursed N24.78 billion to 991,261 poor households under the National Cash Transfer program, a...
Read more
Petralon Energy Launches Future Leaders Program to Nurture Young Talent in STEM
Petralon Energy Limited has launched its Future Leaders Programme (FLP) to nurture emerging talent in Science, Technology, Engineering, and Mathematics...
Read more
FG Proposes NIMASA, NPA to Collect Fees in Naira Rather than Dollar
The Nigerian federal government has proposed that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority...
Read more
NASD Projected N 400 million Net Income by End Of 2024
Nigeria’s leading over-the-counter securities exchange, NASD Plc., has projected a net income of N400 million by the end of...
Read more
Nigeria’s Foreign Exchange Turnover Increases by 33.8% as Naira Depreciates
The value of foreign exchange turnover in Nigeria’s Autonomous Foreign Exchange Market (NAFEM) rose sharply to N15.74 trillion ($9.90 billion)...
Read more
AfBD Group grants over $67 million to Madagascar to relaunch its economy and improve governance in its energy sector
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $67.3 million to Madagascar on...
Read more