Africa receives only $33bn from $650bn IMF SDRs – AfDB president
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has criticised the disproportionate allocation of the International Monetary...
Withdraw ‘repressive’ bill targeting bloggers in Nigeria – SERAP tells Senate President, Speaker
The Socio-Economic Rights and Accountability Project (SERAP) has appealed Senate President Godswill Akpabio and Speaker of the House of Representatives...
Nigerian Gas Association: $5 billion investments signal confidence in Nigeria’s gas-led energy transition
The Nigerian Gas Association (NGA) has stated that Nigeria’s gas-led energy transition strategy is gaining significant global traction, as evidenced...
Naira ends week strong, closes at N1,626.00/$1 at official market
The Nigerian naira appreciated slightly against the US dollar at the official foreign exchange market to close the week at...
NSITF disburses N226.96 million in employee compensation across South-East from 2022 to 2024
The Nigerian Social Insurance Trust Fund (NSITF) has paid a total of N226.96 million as compensation to registered employees and...
Afreximbank to develop $300 million export manufacturing projects in Cross River, Imo, Enugu, and Kano
The African Export-Import Bank (Afreximbank) has announced plans to develop a $300 million export manufacturing initiative across four Nigerian states—Cross...
Experts warn against FG’s proposed ban on solar panel imports, urge caution over local manufacturing capacity
Energy and trade experts have expressed mixed reactions to the Federal Government’s proposed ban on the importation of solar panels...
Exchange rate weakens further to N1621/$1 in parallel market
The naira continued its downward slide in the parallel market on Thursday, exchanging at N1,621/$1, a depreciation from N1,580/$1 recorded...
World Bank: 2 Billion people in developing nations lack adequate social protection
Despite decades of international development efforts and significant financial investments in social safety nets, about 2 billion people in low-...
NERC slams N628 million fines on AEDC, IKEDC, six other DisCos over breach of estimated billing cap
The Nigerian Electricity Regulatory Commission (NERC) has penalised eight electricity distribution companies (DisCos) for failing to adhere to the monthly...
