AfreximBank approves $200 million finance facility to BUA Group for expansion projects
The African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility for BUA Industries Limited (BIL) to support...
Inflation, high interest rate, Naira instability continue to strain businesses in October- NESG report
A new report by the Nigeria Economic Summit Group (NESG) in partnership with Stanbic IBTC reveals that businesses continue to...
Delta State govt proposes N936 billion budget for 2025
The Delta State Government has approved the submission of a proposed budget of N936 billion for the 2025 fiscal year...
Nigeria Leather Institute to establish leather tanneries in all 36 states
The Nigerian Institute of Leather and Science Technology (NILEST) in Zaria, Kaduna State, has announced plans to establish mini tanneries...
Top 10 fastest growing economies in Africa by IMF projection
Africa has the potential for tremendous economic growth in the coming years spurred by a bourgeoning youth population, and huge...
Lagos state launches inter-state park accreditation, digital passenger manifest to enhance safe transport
The Lagos State Ministry of Transportation has launched a program to accredit interstate parks and digitize passenger manifests, aiming to...
FG opposes bill to establish Mines Rangers to combat illegal mining in Nigeria
The Federal Government has declined the proposal to establish the Nigeria Mines Ranger Service (NMRS), intended to combat illegal and...
CBN grants banks approval to trade idle FX deposits from ‘designated domiciliary’ accounts
The Central Bank of Nigeria (CBN) has given the green light to commercial, merchant, and non-interest banks operating in Nigeria...
FG approves redesign of 127km section of Abuja-Kaduna dual-carriage project to concrete
President Bola Tinubu has approved the redesign of the remaining 127 kilometers of the Abuja-Kaduna-Zaria-Kano dual carriageway, opting for Continuously...
Mele Kyari ensured fuel sold at N620 for one year when landing cost was N1,100 – Spokesperson
The Spokesperson of the Nigeria National Petroleum Company Ltd (NNPCL), Mr. Olufemi Soneye has stated that the Group Chief Executive...
