Economy
CIoTA Calls for Reforms to Tackle Insecurity in Nigeria’s Transport Sector
The Chartered Institute of Transport Administration of Nigeria (CIoTA) has raised alarm over the growing insecurity in the country’s transportation...
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Trump Plans to Impose 50% Tariff on EU Imports Starting June 1 Due to Stalled Trade Negotiations
U.S. President Donald Trump has reignited global trade tensions by announcing plans to impose a 50% tariff on imports from...
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Nigeria Customs Launches Digital Transit System to Boost Cross-Border Trade with Benin
The Nigeria Customs Service (NCS) has officially launched the Interconnected System for the Management of Goods in Transit (SIGMAT) at...
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Nigeria Set to Contribute Additional $100 Million to ECOWAS Bank to Boost West Africa’s Development
Nigeria is preparing to inject another $100 million into the ECOWAS Bank for Investment and Development (EBID), reinforcing its position...
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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...
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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...
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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...
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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...
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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...
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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...
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