FG Eyeing $2.2 Billion World Bank Loan – Wale Edun

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The Federal Government is said to be looking forward to receiving around $2.2 billion single-digit interest loan from the World Bank and another budget...

90% of Nigeria’s Tax Revenue Comes From Nine Taxes – Wale...

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Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has revealed that approximately 90 per cent of the tax revenue entering the...

ECOWAS Commits $25 Million To Fight Terrorism In Nigeria, 3 Others

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The Economic Community of West African States (ECOWAS) said it has allocated 25 million dollars this year to fight terrorism in Nigeria, Niger, Mali...

FAAC Distributes N1.123 Trillion For March 2024

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The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.123 trillion to the Federal Government, States, and Local Government Councils for March...

Atlanta Black Chamber Appoints Samuel Adeyemi Communication Lead of GOC

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The Atlanta Black Chambers (ABC) has announced the appointment of Samuel O. Adeyemi as the Communication Lead for the Chamber’s Global Opportunity Committee. As the...

Nigerian Government Declares Two-day Public Holiday For Eid al-Fitr Celebration

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The government of Nigeria has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration. Olubunmi Tunji-Ojo, Minister...

FG Set To Launch New National ID

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The Nigerian Federal Government, through the National Identity Management Commission, NIMC, in collaboration with the Central Bank of Nigeria, CBN and the Nigeria Inter-bank...

Olowolafe Launches N1Billion Agro-Tech Fund For Ekiti Varsity Graduates

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Dr. Tunji Olowolafe, newly appointed Chancellor of Ekiti State University, has announced the launch of a groundbreaking N1 billion Innovation Fund aimed at empowering...

Manufacturers/Labour Express Outrage Over 240% Electricity Tariff Increase

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Manufacturers and organized labour in Nigeria have strongly criticized the government's recent decision to raise electricity tariffs. The Nigerian Electricity Regulatory Commission (NERC) recently...

Nigerian Breweries To Raise N600 Billion Via Rights Issue

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Nigeria Breweries has revealed plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira devaluation and...

Recent Posts

Nigeria Spending $550 Million World Bank, AfDB Loan On Renewable Electricity

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The Federal Government has revealed in Abuja, that the $550 million loan borrowed from World Bank and African Development Bank (AfDB) is currently being...

Oando Clean Energy Partners Lagos State to Rollout 3,000 Electric Buses by 2030

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Oando Clean Energy has partnered with the Lagos State Ministry of Transportation to roll out 3,000 electric buses by 2030. Mr. Ademola Odunbanjo, Executive...

NCC To Rollout Two Additional 5G Licenses in 2023, Pursue Digital Transformation

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The Nigerian Communication Commission (NCC), the regulator of Nigeria’s burgeoning telecommunications sector, is set to roll out two additional 3.5GHz spectrum licenses for the...

70% Broadband Target Gets Boost As Operator Rolls Out 10,000km Fibre Optic Cables

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The National Broadband Plan targeting 70 per cent broadband penetration in Nigeria by 2025 received a boost with the rollout of 10, 000km fibre...

Dangote Cement Tantalize Shareholders With N340 Billion Dividend Proposal

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Dangote Cement shareholders will be paid N340 billion in April 2023 as their dividends for investing in the company’s shares for the period of...