The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s struggling electricity sector. The cancellation followed a formal request by the Federal Government and…
Read More FG cancels $717.7m World Bank power intervention loan
The Dangote Petroleum Refinery & Petrochemicals is emerging as a major driver of Nigeria’s improving economic outlook, following the country’s sovereign credit rating upgrade by S&P Global Ratings. In its…
Read More S&P: Dangote refinery driving Nigeria’s economic resurgence
The Nigeria Civil Aviation Authority has temporarily suspended enforcement of its “no pay, no service” directive against airlines with outstanding statutory remittances, citing concerns about the industry’s current operational realities.…
Read More Airlines’ Debts: NCAA suspends ‘no pay, no service’ directive against Caverton Helicopters, Air Peace, others
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to talent development and stronger industry-academia collaboration, through the platform of the Executive Industry Immersion Challenge (EIIC) programme that was…
Read More Youth Leadership: NDIC, NILE University host Immersion Challenge for business school students
Nigeria’s state oil giant NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition and expose the country’s fuel market to monopoly control by challenging import licences issued to…
Read More Uncertainty over Dangote refinery’s planned IPO as NNPC files suit over monopoly