The senator representing Osun East, Adenigba Fadahunsi, has called on the federal and state governments to prioritise large-scale rice cultivation as a strategic move to […]
Category: Economy
Economy
NNPC Ltd. Launches Production Monitoring Command Centre to Boost Hydrocarbon Production
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has unveiled the Production Monitoring Command Centre (PMCC), a groundbreaking initiative designed to enhance operational efficiency and […]
A Culinary Haven: Aso Rock African Market Shines Bright in America
Aso Rock African Market, a renowned name in the African culinary scene, continues to make waves with its latest branch in Atlanta, Georgia. In a […]
High Transport Fares Fail to Deter Nigerians Traveling for Yuletide Celebrations
Amid economic hardship, Nigerians are defying odds to travel home for Christmas and New Year celebrations, despite skyrocketing transport costs. Luxury buses that charged ₦23,000 […]
Dangote Refinery Slashes Fuel Price to N899.50, Offers Festive Credit Scheme
As the holiday season approaches, Dangote Refinery has reduced the price of Premium Motor Spirit (PMS) to N899.50 per litre, providing much-needed relief to Nigerians […]
Tinubu Unveils 2025 Budget
President Bola Ahmed Tinubu on Wednesday presented the 2025 Appropriation Bill to a joint session of the National Assembly. Titled “Budget of Restoration: Securing Peace, […]
World Bank to Decide on $1.65bn Loan Projects for Nigeria in 2025 Amid Rising Debt Service Costs
The World Bank is set to approve three major loan projects for Nigeria in 2025, amounting to $1.65 billion, as part of its efforts to […]
Federal Government Approves N47.96 Trillion Budget for 2025 Amid Fiscal Sustainability Push
The Federal Executive Council (FEC) has approved a projected expenditure of N47.96 trillion for the 2025 fiscal year, with a strong focus on balancing revenue, […]
Nigeria’s Borrowing Soars: Federal Government Faces Debt Sustainability Challenges
The Federal Government of Nigeria is set to exceed its 2024 domestic borrowing target by a staggering 67%, as data reveals borrowing has already hit […]
Banks Ration Cash as Scarcity Hits Nigerians Again
Banks across Nigeria have resumed cash rationing, limiting withdrawals through Automated Teller Machines (ATMs) and over-the-counter (OTC) transactions as the country faces a resurgence of […]