States urge FG to halt foreign loan-backed grants, subsidies for rural electrification in Nigeria
State governments have raised concerns over the Federal Government's use of foreign loans to fund grants and subsidies for private...
Nigeria’s motorcycle imports surge by 204% in Q1 2024 on weak naira, India overtakes China as top supplier
Data from the National Bureau of Statistics reveal Nigeria recorded N117.4 billion as import cost for motorcycles in the first...
Ten most traded product categories in Nigeria in Q1 2024
Nigeria’s foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus of N6.52 trillion.
States to FG: Mandate immediate ‘no-meter, no-service’ policy for new electricity connections in Nigeria
State governments have urged the federal government to enforce a "no-meter, no-service" policy for all new electricity connections in an...
Nigeria’s trade surplus hits new high of N6.52 trillion in Q1 2024
Nigeria's foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus of N6.52 trillion.
Reps to probe MDAs for over $2 billion renewable energy investments in Nigeria
The House of Representatives has mandated its Committee on Renewable Energy to investigate various Ministries, Departments, and Agencies (MDAs) involved...
World Bank mandates hiring security consultant for $1.2 billion loan project in Nigeria
The World Bank has mandated the hiring of a security consultant to address pervasive insecurity issues affecting its $1.2 billion...
FG plans to pay N1.7 trillion electricity debt through bonds, promissory notes
The Federal Government of Nigeria plans to settle about N1.7 trillion electricity debt through the issuance of bonds and promissory...
SEC DG engages Securities Dealing Houses in Nigeria to address N190 billion unclaimed dividends
The Acting Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged the Association of Securities...
Naira hits three-week low at N1,488.60/$1 on official market
The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024.
