Economy
Nigeria Awards License for Africa’s First Floating Liquefied Natural Gas (FLNG) facility with an Annual Production Capacity of 2.8 million tonnes
The Federal Government of Nigeria has granted UTM Offshore Limited a 'License to Construct' a groundbreaking Floating Liquefied Natural Gas...
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Federal Government Begins Sale 30000MT of Milled Rice Subsidised Rate To Nigerians
The Federal Government of Nigeria has launched the sale of 30,000 metric tonnes of subsidized milled rice to Nigerians, priced...
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The Bank of Industry (BOI) Secures Landmark €1.425 Billion Loan to Boost Financing for African Businesses
The Bank of Industry (BOI) has successfully secured a historic €1.425 billion in global loan syndication, positioning the bank to...
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Mamador Empowers Women with Health and Financial Education at August Women Meeting
Mamador, a leading food brand, has organized a capacity-building program aimed at empowering women with vital health and financial education...
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Shettima Inaugurates $115m Upgrade of West Africa Container Terminal in Onne, River State
Vice President Kashim Shettima on Wednesday inaugurated a $115 million upgrade at the West Africa Container Terminal (WACT) in...
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Nigeria Becomes Third Largest Debtor to World Bank’s IDA, Secures $2.2 Billion Under Tinubu
Nigeria has risen to become the third largest debtor to the World Bank’s International Development Association (IDA) as of June...
Read moreFG Appoints New Leadership For Bank of Industry to Improve The Socio-Economic Condition of Nigeria
President Bola Tinubu has appointed a new board for the Bank of Industry Ltd. (BoI), with Dr. Mansur Muhtar taking...
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DMO Offers High-Yield FGN Savings Bonds at 18% Interest rate to Retail Investors In Nigeria
The Debt Management Office (DMO) has announced the availability of two new Federal Government of Nigeria (FGN) savings bonds, offering...
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Nigerians to Spend Over 50% of their Income on Food in the Next Six Months – CBN reports
Nigerians are expected to spend 54.9% of their income on food over the next six months, according to a recent...
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Oyo State MDAs Receive N3.6 Billion in Grants from World Bank, UNICEF, TETFund, and Others
Oyo State ministries, departments, and agencies (MDAs) received approximately N3.6 billion in grants from international and federal agencies in 2022,...
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