News at the speed of light
Micro, Small, and Medium Enterprises (MSMEs) are pivotal to Nigeria’s economy, contributing significantly to employment and GDP. However, many face challenges in accessing affordable financing. The Bank of…
The Central Bank of Nigeria (CBN) has intensified its liquidity management through Open Market Operations (OMO), withdrawing a total of N13.35 trillion from the financial system by August…
The Nigerian Revenue Service (NRS) has announced its readiness to implement the nation’s new tax laws, set to take effect in 2026. This follows the recent passage of…
South Africa has reiterated its commitment to enhancing economic diplomacy with Nigeria, aiming to bridge cultural and geographical divides to unlock new opportunities for trade and investment across…
Despite a significant increase in revenue, Nigerian states continue to face challenges in addressing critical infrastructure needs. Between January and August 2025, the total distributable revenue from the…
Dr. Awele Elumelu, founder of Avon HMO and co-founder of The Tony Elumelu Foundation, has identified economic instability as one of Nigeria’s most pressing challenges. Speaking at the…
Air Peace has announced a substantial reduction in its flight fares from Nigeria to London, offering passengers savings of up to ₦600,000. The airline’s Head of Corporate Communications,…
The Nigerian National Petroleum Company (NNPC) Limited has announced significant progress in eliminating crude oil theft, with pipeline and terminal receipts now approaching near 100% recovery. This development…
President Bola Tinubu has expressed enthusiasm over Petrobras’s imminent return to Nigeria, marking a significant development in the nation’s energy sector. The Brazilian state-owned oil company had paused…
The Federal Government of Nigeria has consistently fallen short of its projected revenue targets, recording an average shortfall of 43 percent over the past decade, according to the…
