Business

Tinubu Approves ₦3.3trillion to fix Power Sector Debts

President Bola Tinubu has approved a ₦3.3 trillion payment plan to clear power sector debts and boost electricity supply across Nigeria. FG Moves To Clear Power Sector Debts However, the Federal...

Why NPA sets to revamp Lagos ports

The Nigerian Ports Authority (NPA) has reiterated that there are plans to revolutionise the nation's ports with the...

Afreximbank launches inaugural accelerator programme…

African Export-Import Bank (Afreximbank) has officially launched the inaugural cohort of its “Afreximbank Accelerator Programme,” bringing together eight high-potential...

Nigeria signs Intra-African Trade Fair 2027 host agreement

Nigeria has signed the host agreement for the fifth Intra-African Trade Fair 2027 (IATF2027), taking over the baton...

HEDA petitions CBN, request disclosure of legal fees paid to lawyers in P&ID case

The Human and Environmental Development Agenda (HEDA Resource Centre) has formally written to the Governor of the Central...
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Palm kernel factory goes up in flames in Ebonyi

Abakaliki, Nigeria - Production machines, raw materials and other properties, estimated to cost N1 billion, were destroyed on Sunday when fire gutted a palm...

Patronise your businesses” – Economist tells Club members

"Abakaliki, Nigeria - A Business Consultant cum Economist, Dr Stephen Odo, has enjoined members of Eternal Brothers Club to encourage and support one another...

Okonjo-Iweala ‘less optimistic’ about World Trade in 2024

The World Trade Organization’s chief Ngozi Okonjo-Iweala on Wednesday said she was “less optimistic” about world trade in 2024, pointing to tensions in the Red Sea.

Why Nigeria is to get oil-backed $1bln Afreximbank loan

Nigeria has concluded plans to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive its...

Afreximbank, Anambra Govt. sign $200m development agreement

The Africa Export-Import Bank (Afreximbank) on Friday  signed two financial advisory mandates with the Anambra State Investment Promotion and Protection Agency.

Investors Lose N388bn On Nigerian Exchange Limited Amid Selloffs

The Nigerian Exchange Ltd. (NGX) declined further on Friday as market capitalisation depreciated by N388 billion or 1.6 per cent to close at N23.918 trillion from N24.306 trillion on Thursday.
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