UgamatvTinubu Seeks Senate Approval for N1.7 Trillion 2025 FCT Budget
President Bola Tinubu has submitted a N1.7 trillion Appropriation Bill for the Federal Capital Territory Administration (FCTA) to the Senate for approval, outlining a fiscal roadmap focused on infrastructure, job…
Chidiogo asuke
- Business , News
- May 13, 2025
- 453 views
Naira Appreciates to Highest Level Since April 30, 2025
The naira recorded its highest appreciation against the dollar at the official foreign exchange market on Monday, the highest since April 30, 2025. Central Bank of Nigeria’s exchange data…
- Business , News , Politics
- May 13, 2025
- 534 views
Nigerian Government Confirms Full Payment of IMF Loan Amid Calls for Probe
The Federal Government has confirmed full payment of $3.4 billion loan received from the International Monetary Fund, IMF, during the COVID-19 pandemic. The Minister of Information and National Orientation,…
NAFDAC Shuts Down Water Factory in Nasarawa Over Illegal Production
The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down a registered water factory in Lafia, Nasarawa State, for illegally producing multiple unregistered water brands. This…
Moroccan University Seeks Fertiliser Partnership with Nigeria Under AfCFTA Framework
As Africa positions itself to harness the benefits of the African Continental Free Trade Area (AfCFTA), Morocco’s Mohammed VI Polytechnic University (UM6P) has expressed readiness to collaborate with Nigeria to…
Bill Gates to Give Away 99% of His Wealth, Gates Foundation to Wind Down by 2045
Billionaire philanthropist Bill Gates has announced plans to donate virtually all of his wealth—approximately 99%—through the Bill & Melinda Gates Foundation, which will disburse an estimated $313 billion over the…
Support Staff Shut Down Warri Refinery in Indefinite Strike Over Poor Working Conditions
Support staff at the Warri Refining and Petrochemical Company (WRPC) in Delta State have embarked on an indefinite strike, effectively shutting down the facility in protest against what they describe…
Dollar Strengthens as Investors Seek Clarity on Trade Talks
The US dollar on Wednesday edged higher against the yen and the euro as traders awaited the outcome of the Federal Reserve’s policy meeting later in the session, and uncertainty…
- Business , News
- May 7, 2025
- 428 views
Ban on Foreign Goods: PETROAN Urges Caution to Avoid Price Increases and Shortages of Petroleum Products
The Petroleum Products Retail Owners Association of Nigeria, PETROAN, has urged President Bola Ahmed Tinubu to be cautious with its proposed implementation of the ban on foreign goods imports.…
AdminWorld Bank suspends Nigerian firm, MD for bribery
THE World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm,…
