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Major Dangote Investments Moves Announced this Week
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Fuel and fertiliser supply deals are just one of the investments of the Dangote Industries Limited in the last years. CEO and...
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President Seeks Approval of $21.5bn in External Borrowing Plan, Bond Issuance of N757.9bn
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The president appealed to lawmakers to approve a new borrowing plan for major loans and bond issuances with the assurance that the...
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Cocoa, Other Nigerian Products Vulnerable to U.S Tariff as AGOA is Disrupted
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The overall impact of the U.S trade tariff is a significant setback for Nigeria's economic diversification efforts and its push for non-oil...
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UN Children’s Fund To Assist With Worsening Numbers Of Malnourished Children
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Children under 5 are the victims of environmental issues, leading to malnourishment at that age. The UN Children's Fund is pushing for...
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Proposed U.S. Remittance Tax Bill Expected To Bring Major Challenges For Nigeria
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The economic lifeline provided by remittances and immigration will be significantly undermined by new policies.
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Nigerians Likely to Dump U.S. Products, Transfer Services as 5% Remitance Fee is Proposed
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U.S. lawmakers have proposed a bill to impose a 5% excise tax on remittances sent outside its borders. Nigerians who rely heavily...
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Overly Ambitious Revenue Assumptions of Nigeria’s 2025 Budget Must be Monitored – World Bank
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If the 2025 budget is not met, this could significantly increase the fiscal deficit even if spending is within limits.
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Illegal Crude Oil Refining Worsening— Experts Dedate FOB Raid in Warri & PIA
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Local participation and policy reform in oil governance have been successful in certain situations like that of the Obelle community in Rivers...
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At Least 15,000 Stranded Nigerians to be Returned Home, FG Says
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Many travellers who leave the country in the hopes of finding greener pastures are likely to be stranded. However, with support from...
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PWAN is a Scam, SEC Warns Potential Investors
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The SEC is standing up against Ponzi schemes in Nigeria. It is reaching out to the unaware in marketplaces, distributing fliers and...
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