Business and Economy Archives - Page 2 of 14

Reps Probe NNPCL Over Undeclared LNG Sales, Non-Remittance Nigeria House of Representatives investigates $850bn unrepatriated oil and export proceeds from 1996 to 2014

Chukwu Obinna November 12, 2025

Abuja, Nigeria – The House of Representatives has launched an investigation into alleged non-declaration and non-remittance of...

Lawmakers Approve ₦1.15trn Borrowing to Plug 2025 Budget Gap Nigeria House of Representatives investigates $850bn unrepatriated oil and export proceeds from 1996 to 2014

Chukwu Obinna November 12, 2025

ABUJA, Nigeria – The House of Representatives has approved President Bola Tinubu’s plan to borrow ₦1.15 trillion...

Nigeria’s Poverty Fight Stalls as World Bank Slams Tiny Welfare Budget World Bank announces $750m loan for Nigeria’s health and digital growth

Oluwatobi Adu November 12, 2025

ABUJA, Nigeria – Nigeria’s poverty reduction efforts remain “alarmingly weak” as the World Bank reveals that the...

Nigeria, UNODC Strengthen Cyber Measures Against Online Human Trafficking Officials of NIS and UNODC during cybercrime collaboration meeting

Chukwu Obinna November 11, 2025

ABUJA, Nigeria – Nigeria is deepening global partnerships to fight online human trafficking and migrant smuggling, following...

Nigeria, Angola Deepen Strategic Ties with New Cooperation Agreements Nigerian and Angolan officials exchanging cooperation documents at diplomatic event.

Koko Maxwella November 10, 2025

ABUJA, Nigeria – Nigeria and Angola have renewed their commitment to strengthen diplomatic, economic and cultural relations...

IMF, Nigeria Deepen Reform Talks to Strengthen Economic Growth Agenda IMF headquarters in Washington during annual meetings, 2025

Otamere Gladness November 10, 2025

ABUJA, Nigeria – Nigeria and the International Monetary Fund (IMF) have reaffirmed their partnership to advance the...

Port Harcourt Customs Records 272% Revenue Surge, Exceeds Annual Target Nigeria Customs Service launches One-Stop-Shop to cut cargo clearance time

Juliet Jacob November 9, 2025

PORT HARCOURT, Nigeria – The Port Harcourt Area I Command of the Nigeria Customs Service has surpassed...

Experts Hail Dangote Refinery Expansion as Boost for Nigeria’s Economy Dangote Refinery facility in Lagos amid subsidy rejection disputes

Oluwafunbi Bello November 9, 2025

LAGOS, Nigeria – Economic and energy experts have welcomed the Dangote Refinery’s plan to expand its capacity...

Mirian Gom November 8, 2025

ABUJA, Nigeria – Nigeria spent $2.39 billion on imported food products between April 2024 and March 2025,...

Standard Chartered Shuts Branches, Accelerates Shift to Digital Banking Standard Chartered Bank Nigeria branch with digital banking signage promoting online services.