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Category: Business
FG to get $500m AfDB loan before year-end
The African Development Bank has disclosed plans to disburse $500 million to Nigeria before the end of 2025 as part of a broader $1 billion…
FG to establish $10bn innovation hub in Katsina — Bosun Tijani
The Federal Government has named Katsina State among ten states selected to host a new $10 billion Innovation Hub aimed at boosting digital transformation and…
FG set to eliminate multiple budgetary operations
The Federal Government may have concluded plan to phase out multiple budget fiscal operations if the disclosures of the Minister of Finance and Coordinating Minister…
CBN imposes N5m fine on illegal agent banking activities
The Central Bank of Nigeria (CBN) has announced that any agent found engaging in non-permissible activities under its newly revised Agent Banking Guidelines will face…
Why we created N200bn MSME, manufacturing fund – Tinubu
President Bola Tinubu on Monday in Abuja, stated that the N200 billion intervention fund recently set up by his administration for micro, small and medium…
Tinubu directs NAHCON to reduce 2026 hajj fares
President Bola Tinubu has directed the National Hajj Commission of Nigeria (NAHCON) to immediately reduce the cost of the 2026 Hajj fares that it had…
Why cooking-gas price increased – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent rise in cooking-gas prices to a temporary disruption to loading and distribution during the…
Dangote Refinery: Nigeria greater than PENGASSAN – Shettima
Vice-President Kashim Shettima has said that Nigeria is greater than the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) following the rift between…
FG declares NAIA first fully cashless airport in Nigeria
The Federal Government has declared the Nnamdi Azikiwe International Airport (NAIA), Abuja, as Nigeria’s first fully cashless airport. This follows the nationwide rollout of the…
Dangote begins $2.5bn fertiliser plant construction in Ethiopia
The President/Chief Executive of the Dangote Group, Aliko Dangote, has led the groundbreaking of a $2.5bn fertiliser plant in Gode, Ethiopia. A statement by the…