Nigeria’s Free Trade Zones Generate N18.8bn in Ten Months – NEPZA
KANO, Nigeria – Nigeria’s free trade zones generated more than N18.8bn between January and October 2025, signalling renewed investor confidence and improved operational performance,…
Business and Economy
AfDB Approves $500m Loan for Nigeria’s Energy Reforms
ABUJA, Nigeria – The African Development Bank Group has approved a $500 million loan to support Nigeria’s ongoing electricity-sector reforms and accelerate its national…
Experts Urge Urgent Credit Reforms to Grow Nigeria’s Economy
LAGOS, Nigeria – Financial experts are calling for urgent nationwide credit-system reforms, warning that Nigeria cannot achieve its $1 trillion economy target by 2030…
Nigeria Launches Electric Tricycles to Boost Youth Jobs
ABUJA, Nigeria – The Federal Government launches a nationwide Youth Electric Tricycle Empowerment Initiative, introducing an environmentally friendly transport scheme designed to expand youth…
Soludo Unveils ₦757bn Budget to Accelerate Anambra Development in 2026
ANAMBRA, Nigeria – Governor Chukwuma Soludo, on Tuesday presented a ₦757 billion 2026 budget estimate to the Anambra State House of Assembly, framing it…
Just In: CBN Holds 27% Rate, Extends Tough Fight Against Inflation
ABUJA, Nigeria – The Central Bank of Nigeria (CBN) has kept its Monetary Policy Rate (MPR) at 27%, reinforcing its toughest stance yet against…
Food Prices Fall Nationwide as NBS Reports Major Decline
ABUJA, Nigeria – Prices of major staples—including beans, garri, maize, and tomatoes—drop further across Nigeria, according to the National Bureau of Statistics (NBS) September…
NNPC Reports ₦5.4tr Profit, Unveils Ambitious $60bn Growth Plan
LAGOS, Nigeria – The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a Profit After Tax of ₦5.4 trillion for the 2024 financial…
Audit Exposes ₦60bn NNPC Irregularities Across Multiple Transaction
ABUJA, Nigeria – The Federal Government has uncovered more than ₦60 billion in questionable transactions linked to 28 financial irregularities at the Nigerian National…
Nigeria Halts NAFEST 2025 as Government Prioritises National Healing
ABUJA, Nigeria – The Federal Government announces an indefinite suspension of the 2025 National Festival of Arts and Culture (NAFEST), framing the decision as…