Nigeria is expected to receive a new loan from the World Bank, totalling $1.5 billion. According to the Washington-based financial institution’s project list, the loan is set to be approved…
Read More World Bank to approve another $1.5bn loan to Nigeria
The exodus of multinational organizations from Nigeria continued this week as Cussons Plc, the parent company of PZ Cussons Nigeria, says the company is planning to sell its African subsidiaries.…
Read More PZ moves to reduce exposure to naira volatility, sells African subsidiaries
The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to…
Read More NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off
The Federation Accounts Allocation Committee (FAAC) shared N1.203 trillion in revenue among the federal government, states and local government councils (LGCs). According to a communique issued by FAAC after its…
Read More FG, states, LGs shared N1.203 trillion in August – FAAC
The presidency on Tuesday denied reports that President Bola Tinubu asked Yemi Cardoso the Governor of the Central Bank of Nigeria [CBN] to resign from his position. The Special Adviser…
Read More Tinubu never asked CBN gov Cardoso to resign – Presidency