President Bola Ahmed Tinubu on Friday presented a ₦58.18 trillion 2026 Appropriation Bill to a joint session of the National Assembly, describing it as a
Category: Business & Economy
CBN licenses 82 BDCs under new guidelines
The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised Regulatory and Supervisory Guidelines for
MOFI unveils excellence awards to deepen corporate governance in public enterprises
The Ministry of Finance Incorporated (MOFI) has launched the inaugural MOFI Excellence Awards, an initiative designed to promote high standards of corporate governance, transparency, and
New Joint Venture Company set up to drive Ondo refinery, free trade zone projects
A new joint venture entity, Sunshine Joint Venture Infrastructure Limited, has been formally incorporated to spearhead the development of the proposed Refinery and Free Trade
EU targets bigger Nigerian trade surplus
The European Union (EU) has said ongoing efforts are aimed at expanding Nigeria’s current $10 billion non-oil trade surplus with Europe by removing longstanding barriers
Edo secures fresh $100m agricultural investment as Governor reaffirms support for Presco
The Edo State Government has welcomed a new $100 million Foreign Direct Investment (FDI) into the state’s agricultural sector, with Governor Monday Okpebholo reiterating his
ACCI, NADDC, Surge Africa push for rapid development of Nigeria’s e-mobility infrastructure
The Abuja Chamber of Commerce and Industry (ACCI), in collaboration with the National Automotive Design and Development Council (NADDC) and Surge Africa, has called for
NNPC posts ₦5.4tr profit, unveils $60bn investment plan
Nigeria National Petroleum Corporation (NNPC) Limited has reported a Profit After Tax of ₦5.4 trillion for the 2024 financial year, driven by strong operational performance
Europe drives €15.5bn clean energy investment for Africa
Europe has secured €15.5 billion to accelerate clean energy development across Africa, following a year-long global campaign led by European Commission President Ursula von der
Sunshine JV Infrastructure unveiled to drive Ondo refinery, free trade zone project
A new special-purpose company, Sunshine Joint Venture Infrastructure Limited, has been established to spearhead the execution of the proposed Ondo State refinery and Sunshine Free
