In an effort to fortify the country’s digital infrastructure, the Federal Government plans to open a state-of-the-art cybersecurity and broadband laboratory in partnership with the multinational...
The Federal Government has revealed plans to unlock N1.1 billion in private sector funding as part of a co-financing initiative aimed at addressing challenges in Nigeria’s...
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has rejected the proposed $1.3 billion sale of onshore oilfields to the Renaissance Group, citing...
The Federal Government has ordered all outbound flights from Nigeria, particularly foreign airlines, to patronize local caterers for their on-board meals, beginning January 1, 2025. This directive...
The Executive Board of the International Monetary Fund (IMF) has endorsed a comprehensive reform and financing package for the Poverty Reduction and Growth Trust (PRGT), aimed at...
The Nigerian Naira is one of the worst-performing currencies in sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s Pulse report. The report places...
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has initiated a strategic partnership with the Nigerian Financial Intelligence Unit (NFIU) to enhance tax compliance and increase...
In response to the rising financial pressures on Nigerians due to high energy and transportation costs, the Ministry of Finance Incorporated (MOFI), the Nigerian Consumer Credit...
One of the worst-performing currencies in Sub-Saharan Africa for 2024 is the naira. This is in line with the most recent edition of the World Bank’s...
In an effort to increase accountability and openness, the Central Bank of Nigeria is presently developing a completely redesigned website, according to Governor Olayemi Cardoso. Cardoso...