The Economic Community of West African States (ECOWAS) has initiated discussions with Energy China International to strengthen cooperation on regional energy infrastructure, as part of
Category: Business & Economy
ECOWAS issues biometric IDs to border women traders
The Economic Community of West African States (ECOWAS) has distributed biometric identity cards to more than 260 women traders operating along the Senegal–Guinea-Bissau border, in
Nigeria, UK sign £746m deal to modernise Lagos ports
Nigeria and the United Kingdom have sealed a £746 million infrastructure financing agreement to rehabilitate and modernise two of Nigeria’s busiest seaports in Lagos, in
Tinubu approves incentives to unlock $20bn Bonga deepwater project
Nigeria has taken a major step toward revitalising its deepwater oil sector as President Bola Ahmed Tinubu approved targeted fiscal incentives aimed at unlocking the
Tinubu announces resolution of OPL 245 dispute, paves way for deepwater investment
President Bola Ahmed Tinubu has announced the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245, describing the agreement as a major step
Tax reforms will ease burden on Nigerians, Says Shettima
Vice President Kashim Shettima has assured Nigerians that the Federal Government’s new tax reforms are designed to improve livelihoods and reduce poverty, not to impoverish
Nigeria records 4.07% GDP growth in Q4 2025, finance ministry hails reform gains
Nigeria’s economy expanded by 4.07 per cent in the fourth quarter of 2025, according to new data released by the National Bureau of Statistics (NBS),
Tinubu extends ban on raw Shea nut exports
President Bola Ahmed Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, effective from February 26, 2026, to
Cardoso seeks coordinated digital payment reforms at G-24 meeting
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called for coordinated reforms in digital cross-border payment systems to promote inclusive growth, enhance financial
Tinubu orders direct remittance of oil, gas revenues to federation account
President Bola Ahmed Tinubu has signed an Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, in a sweeping
