Nigeria’s Food Import Bill Rises to $2.39bn Despite Domestic Production Push
ABUJA, Nigeria – Nigeria spent $2.39 billion on imported food products between April 2024 and March 2025, marking an 11.6% increase from the $2.14…
Business and Economy
Standard Chartered Shuts Branches, Accelerates Shift to Digital Banking
ABUJA, Nigeria – Standard Chartered Bank Nigeria Limited will close several branches nationwide starting 15 January 2026, as part of a strategic shift towards…
FG to Unveil New Tax Reform Acts on Monday
Abuja, Nigeria – The Federal Government will on Monday formally unveil the Nigeria Tax Reform Acts, in what has been described as one of…
Customs Strengthens Traditional Ties to Combat Coastal Smuggling
ABUJA, Nigeria – The Western Marine Command of the Nigeria Customs Service has reaffirmed its commitment to strengthening community partnerships as part of efforts…
FG Fast-Tracks Leasing Reform to Boost SME Growth
ABUJA, Nigeria – The Federal Government has intensified efforts to strengthen private-sector led growth through the inauguration of the Ministerial Project Approval Board (MPAB)…
FG Launches Niger Delta Ferry to Boost River Trade
ABUJA, Nigeria – The Federal Government has launched the Steering Committee for the Niger Delta Ferry Service Project, signalling a major push to expand…
Senate Probes Rail Disasters After Fresh Warri–Itakpe Derailment
ABUJA, Nigeria – Nigeria’s Senate has launched a sweeping investigation into the country’s rail safety systems following another derailment on the Warri–Itakpe corridor, the…
Tinubu Seeks ₦1.15tn Loan to Bridge 2025 Budget Deficit
ABUJA, Nigeria – President Bola Ahmed Tinubu has requested the approval of the National Assembly to borrow ₦1.15 trillion from the domestic debt market…
Heritage Bank Assets Go to Auction as NDIC Launches Nationwide Sale
ABUJA, Nigeria – The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of a nationwide disposal process for the physical assets and landed…
Nigeria Seeks New Partnerships to Increase Oil Output, NNPC Tells ADIPEC
ABUJA, Nigeria – NNPC Limited has reaffirmed its commitment to collaborative investments and accelerated upstream development as part of efforts to boost Nigeria’s crude…