FG seeks $1.5 billion in fresh World Bank loans
The Federal Government is seeking $1.5 billion in fresh financing from the World Bank through three proposed loans targeted at social protection, early childhood development and climate resilience.…
The Federal Government is seeking $1.5 billion in fresh financing from the World Bank through three proposed loans targeted at social protection, early childhood development and climate resilience.…
The Nigerian Association of Resident Doctors (NARD) has given the Federal Government two weeks to resolve outstanding welfare and professional issues or risk industrial action. The ultimatum was…
The Federal Government has approved the modernisation and upgrade of four ports outside Lagos, alongside the development of six deep seaports across Akwa Ibom, Cross River, Bayelsa, Ogun,…
ABUJA, Nigeria — The Central Bank of Nigeria allotted approximately ₦12.823 trillion across four Open Market Operations auctions in September 2026, as investors submitted ₦20.58 trillion in bids…
Coronation Insurance Plc said its strengthened capital base will allow it to pursue larger insurance risks and grow premium income, but shareholders are already pressing for evidence that…
LAGOS, Nigeria — The Nigeria Infrastructure Debt Fund (NIDF) launched a N45 billion capital raise on September 23 under its twelfth fundraising exercise since inception in 2017. The…
LAGOS, Nigeria — TotalEnergies Marketing Nigeria Plc shares fell 10% on Friday, pulling the NGX Oil and Gas Index down 0.13% a day after the sector gauge reached…
Bill Gates has warned that artificial intelligence is powerful enough to drive catastrophic events that could cause a billion deaths, and called for legislation to establish safeguards around…
ABUJA, Nigeria — The Central Bank of Nigeria allotted N8.14 trillion across eight Treasury Bill auctions in the third quarter, surpassing its N5.8 trillion quarterly target by more…
Eight listed consumer goods companies paid a combined N70.1 billion in royalties, technical fees, licence fees and management charges in the first half of 2026, according to their…
ABUJA, Nigeria — NIPCO Group is planning a floating liquefied natural gas facility with an estimated cost exceeding $3 billion as part of its expansion into Nigeria’s LNG…
LAGOS, Nigeria — The Central Bank of Nigeria has identified about 40 million Nigerians living with disabilities as an underserved segment of the financial system that could open…
ABUJA, Nigeria — Nigeria’s average daily petrol imports fell 26% to 14.6 million litres in August 2026, from 19.7 million litres in July, according to the Nigerian Midstream…
LAGOS, Nigeria — Seplat Energy Plc and Aradel Holdings Plc have drawn strong investor interest on the Nigerian Exchange (NGX), supported by higher crude oil prices, strong earnings…
ABUJA, Nigeria — Taxpayers who fail to pay their liabilities by the required deadlines will face interest linked to prevailing market rates from October 1, 2026, under a…
LAGOS, Nigeria — The naira maintained its recent strength against the British pound, with the GBP/NGN exchange rate settling at about ₦1,762 per pound (about US$1.32) during the…