The Federal Government has taken a significant step toward attracting foreign investments for the Lagos-Calabar Coastal Highway project by signing key agreements aimed at securing international funding and technical expertise.
The Nigeria Customs Service (NCS) has announced the cancellation of numerous import declarations, mandating importers to recapture their declarations due to discrepancies related to the Free on Board (FOB) charge.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a serious warning, threatening a nationwide strike due to the Federal Government’s failure to settle outstanding bridging claims amounting to
Economic analyst Bismarck Rewane has voiced optimism regarding the Central Bank of Nigeria’s (CBN) recent foreign exchange (forex) policies, stating that they are beginning to show positive outcomes. Rewane’s assessment
The Federal Government has outlined ambitious plans to attract substantial investments into Nigeria’s oil sector in 2025, signaling a strong commitment to revitalizing this crucial industry. The government aims to
In a significant step towards bolstering accountability within Nigeria’s power sector, the Federal Government has ordered all electricity Distribution Companies (Discos) to publish comprehensive details of meter refunds owed to
The Central Bank of Nigeria (CBN) has affirmed its dedication to strengthening economic ties with Saudi Arabia, recognizing the strategic importance of the partnership in driving mutual growth and development.
The Dangote Petroleum Refinery has declared that it possesses ample reserves of Premium Motor Spirit (PMS), commonly known as petrol, to comprehensively fulfill 100% of Nigeria’s domestic fuel requirements. This
The Federal Government has unveiled plans to establish building materials hubs across Nigeria in a move aimed at reducing the high cost of construction and boosting the housing sector. The
In a bid to safeguard Nigeria’s livestock genetic diversity and improve food security, the Federal Government has established a national gene bank dedicated to preserving indigenous livestock species. The initiative,
