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Business and Economy
China Bank Approves $254M Loan for Kano-Kaduna Railway Project
By Milcah TanimuThe China Development Bank (CDB) has approved a $254.76 million loan to fund the Kano-Kaduna railway project in Nigeria. The loan, announced...
China Development Bank Okays $254.76m for Kano-Kaduna Railway Project
By Michael Onjewu, AbujaThe China Development Bank has announced the approval of a $254.76 million (€245m) loan to support the completion of the Kano-Kaduna...
Dangote Refinery Completes First Petrol Export to Cameroon
By Milcah TanimuDangote Refinery has made its first petrol export to Cameroon, marking a key milestone in its regional expansion. Located in Lagos, Nigeria,...
CBN Strengthens Nigeria’s Economy Through Strategic 2024 Financial Reforms
By Milcah TanimuThe Central Bank of Nigeria (CBN) has made significant strides in stabilizing Nigeria’s economy through a series of financial reforms in 2024....
NNPCL Urged to Prioritize Local Refineries Over Foreign Partnerships
By Milcah TanimuA coalition of concerned Nigerian citizens has called for the Nigerian National Petroleum Corporation (NNPCL) to focus on supplying crude oil to...
Nigerian Mutual Funds’ Assets Surge 80% to N3.75trn in 2024
By Milcah TanimuNigerian investors are increasingly investing in Mutual Funds. Assets surged 80.3% to N3.75 trillion as of December 13, 2024, up from N2.08...
NNPCL Indicted for ₦514 Billion Misappropriation in 2021
By Milcah TanimuA recent audit report by Nigeria’s Auditor-General has indicted the Nigerian National Petroleum Company Limited (NNPCL) for the misappropriation of funds and...
Landmark Africa to Relocate Headquarters Following Demolition of Lagos Resort
Landmark Africa, the company behind the renowned Landmark Beach Resort in Lagos, has announced plans to relocate its Nigerian headquarters and expand its operations...
CBN Explains Why 1,000 Workers Resigned – Cardoso
By Abigail Philip DavidThe Central Bank of Nigeria (CBN) has clarified that the 1,000 staff members who left the bank in December 2024...
Suspend Tax Reform Bills for Wider Consultation, NNPP Chieftain Urges Tinubu
By Abigail Philip DavidThe Deputy National Chairman of the New Nigeria People’s Party (NNPP), Prince Nwaeze Onu, has urged President Bola Tinubu to...
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