Delta Launches $100m Investment Fund as Shettima Backs State-Led Economic Reforms
ASABA, Nigeria – Delta State Governor Sheriff Oborevwori has unveiled a $100 million (about ₦133 billion) Investment Support Fund to attract domestic and foreign…
Business and Economy
World Bank Appoints Mulyani to Lead IDA22 Funding Drive for World’s Poorest Countries
ABUJA, Nigeria – The World Bank Group has appointed former Indonesian Finance Minister Dr. Sri Mulyani Indrawati as Independent Co-Chair of the International Development…
Nigeria Can No Longer Delay Energy Reforms – Petroleum Engineers Warn
LAGOS, Nigeria – The Society of Petroleum Engineers (SPE) Nigeria Council has called for urgent, practical reforms to strengthen Nigeria’s energy sector, urging government,…
The Fuel Nigerians Can’t Buy: Inside the CNG Crisis
ABUJA, Nigeria – At dawn, commercial drivers lined up outside Abuja’s handful of compressed natural gas (CNG) refuelling stations, hoping to fill their cylinders…
Nigeria Unveils New Crypto Tax Rules for Virtual Assets
ABUJA, Nigeria – The Nigeria Revenue Service (NRS) has introduced comprehensive virtual assets taxation guidelines, establishing a new tax framework for cryptocurrencies and other…
Nigeria’s Hunger Crisis: Experts Demand Urgent Farm Reforms
ABUJA, Nigeria – Nigeria’s hunger crisis will continue to worsen unless the Federal Government treats agriculture as a national priority by investing in modern…
Flooding Threat Forces FG to Rethink Benin-Sagamu Highway Drainage
ABUJA, Nigeria – The Federal Government has launched a technical assessment of flood-prone sections of the Benin-Sagamu Expressway, with engineers considering major drainage upgrades…
Smoke Scare Forces Lagos Airport Evacuation, FAAN Rules Out Fire
LAGOS, Nigeria – The Federal Airports Authority of Nigeria (FAAN) has withdrawn its earlier announcement of a fire outbreak at Murtala Muhammed International Airport…
Sanwo-Olu Unveils Nigeria’s First Integrated Energy Hub
LAGOS, Nigeria – Integrated Energy Hub took a major step towards advancing Nigeria’s clean energy transition on Friday as Lagos State Governor Babajide Sanwo-Olu…
TCN Installs New Transformer to Boost Abuja Power
ABUJA, Nigeria – The Transmission Company of Nigeria (TCN) has installed a new 300MVA power transformer at its Katampe Transmission Substation in Abuja to…