Friday, June 26, 2026
Nigeria secures World Bank’s $500m loan approval for women empowerment
By Business A.M The World Bank Group said it has approved a loan of $500 million to help the Nigerian...
Read moreDetailsBuhari, Sylva, Kyari, NNPC’s $2.98bn phased refinery repairs hit dead end
BY BEN EGUZOZIE Local engineers at site sent home Funds drawdown dry up One party defaults in commitment –...
Read moreDetailsFAAC allocation to federal govt, subnationals rises to N786.161bn in May
By Onome Amuge The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion federation account revenue...
Read moreDetailsAfrica’s external debt to hit $1.13 trillion by 2023, says AfDB
By Cynthia Ezekwe The African Development Bank (AfDB) has projected that the total external debt of Africa will hit $1.13...
Read moreDetailsAfDB calls for de-risking of projects to enhance private sector investment
By Cynthia Ezekwe The African Development Bank Group has called for new ways of project preparation and de-risking of projects...
Read moreDetailsDMO records N324.43bn treasury bills sales in May
By Cynthia Ezekwe The Debt Management Office (DMO) sold Treasury Bills (T.bills) valued at N324.43 billion across its auctions in...
Read moreDetailsFG sets up Quality Centre to tackle $700m export rejection
By Business A.M. The federal government, through the National Quality Council (NQC) is set to urgently tackle and mitigate the...
Read moreDetailsFAAC allocation to FG, subnationals rise 7.98 per cent to N2.84trn
By Business A.M. The statutory allocation from the Federation Account Allocation Committee (FAAC) to the federal government, 36 states and...
Read moreDetailsHow sub-Saharan Africa can scale trade finance amid hard currency challenges
By Onome Amuge Sub-Saharan economies have for a long time been plagued by foreign exchange shortages, especially against the...
Read moreDetailsDisCos generate N454bn billing revenue in Q3,Q4 2022
By Business A.M. The eleven electricity distribution companies (DisCos) operating in Nigeria generated an estimated N454.3 billion as billing revenue...
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