Business and Economy

Nigeria’s Tourism Chief Pushes for Community-Led Development to Boost Local Economies NTDA Director-General advocates community-based tourism in Abuja.

NTDA Director-General advocates community-based tourism in Abuja.

Nigeria’s Tourism Chief Pushes for Community-Led Development to Boost Local Economies

Oluwafunbi Bello November 12, 2025

Abuja, Nigeria – The Director-General of the Nigerian Tourism Development Authority (NTDA), Olayiwola Awakan, has urged the...

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

Nigeria House of Representatives investigates $850bn unrepatriated oil and export proceeds from 1996 to 2014

Reps Probe NNPCL Over Undeclared LNG Sales, Non-Remittance

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

Nigeria House of Representatives investigates $850bn unrepatriated oil and export proceeds from 1996 to 2014

Lawmakers Approve ₦1.15trn Borrowing to Plug 2025 Budget Gap

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

World Bank announces $750m loan for Nigeria’s health and digital growth

Nigeria’s Poverty Fight Stalls as World Bank Slams Tiny Welfare Budget

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

Officials of NIS and UNODC during cybercrime collaboration meeting

Nigeria, UNODC Strengthen Cyber Measures Against Online Human Trafficking

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.

Nigerian and Angolan officials exchanging cooperation documents at diplomatic event.

Nigeria, Angola Deepen Strategic Ties with New Cooperation Agreements

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

IMF headquarters in Washington during annual meetings, 2025

IMF, Nigeria Deepen Reform Talks to Strengthen Economic Growth Agenda

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

Nigeria Customs Service launches One-Stop-Shop to cut cargo clearance time

Port Harcourt Customs Records 272% Revenue Surge, Exceeds Annual Target

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

Dangote Refinery facility in Lagos amid subsidy rejection disputes

Experts Hail Dangote Refinery Expansion as Boost for Nigeria’s Economy

Oluwafunbi Bello November 9, 2025

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

Nigeria’s Food Import Bill Rises to $2.39bn Despite Domestic Production Push

Nigeria’s Food Import Bill Rises to $2.39bn Despite Domestic Production Push

Mirian Gom November 8, 2025

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