The World Bank is reportedly targeting $5.79 billion in private investment for Nigeria as part of efforts to support economic activity and development. The reported initiative comes as Nigeria seeks
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Dangote Refinery has reportedly extended the subscription period for its initial public offering (IPO), giving prospective investors additional time to consider the share offer. The extension reportedly moves the subscription
The International Monetary Fund (IMF) has warned that rising food prices could push more Nigerians into poverty and worsen food insecurity despite projected economic growth of 4.2 per cent. The
Bayelsa State Governor Douye Diri and former President Olusegun Obasanjo have renewed calls for an increase in the 13 per cent derivation allocation to oil-producing states, arguing that the current
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has extended the subscription period for its Initial Public Offering (IPO) by two weeks following approval from the Securities and Exchange Commission (SEC).
Former Chief of Army Staff, Lieutenant General Tukur Buratai (retd.), has said the $1bn approved for defence procurement during his tenure was released to the Ministry of Defence and did
The Nigerian Ports Authority (NPA) is working to address rail connectivity and logistics challenges affecting inland dry ports as part of efforts to improve cargo movement across Nigeria. The authority
Nearly 130,000 litres of crude oil were spilled across Delta, Bayelsa and Rivers states in August and September, raising fresh concerns about environmental pollution and the livelihoods of oil-producing communities
The National Board for Technology Incubation (NBTI) has showcased 298 Nigerian innovators from the 36 states and the Federal Capital Territory to international investors and potential business partners in London,
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the 30-day petrol discount introduced by NNPC Retail does not amount to a return to fuel