The Central Bank of Nigeria (CBN) has restated its restriction on banks in the country from using their currency revaluation gains for dividends or operational expenses,...
Section 14(2)(b) of the 1999 Constitution says the security and welfare of citizens shall be the primary purpose of the government. Quite unfortunately, successive administrations have...
Following a two-year hiatus, Nigeria is returning to the international bond market with the first Eurobond issue since 2022. The nation issued $1.25 billion worth of...
Nigerian President, Bola Tinubu, has directed the opening of Nigeria’s land and air borders with his country’s largest land neighbours, the Republic of Niger. The directive...
Nigeria’s National Automotive Design and Development Council (NADDC) plans to verify the validity of its National Occupational Standards for the conversion and upkeep of electric vehicles...
As part of the Presidential Palliative Programme, the Nigerian government says it has launched a Presidential Conditional Grant Scheme (PCGS) to empower nano businesses. The Bank...
Nigeria’s Presidency has denied allegations of manipulating the 2024 budget to the tune of an additional N3 trillion, a practice known as “budget padding” in the...
With the aim of attracting $575 billion in investments into the Nigerian gas industry, the Nigerian government has established the Governing Council of the Midstream and...
A farmers’ union under the auspices of Nigeria Farmers Group and Cooperative Society (NFGCS) has berated the federal government over a recent donation of 25,000 tonnes...
The Central Bank of Nigeria reported that foreign exchange inflows to the country reached $2.3 billion in February, driven by a surge in remittances from overseas...