Tag: Nigeria Economy

Cargo vessels at Apapa and Tin Can ports in Lagos as Nigeria announces a £746 million UK-backed upgrade deal
Business

Tinubu to witness signing of £746m Lagos ports upgrade deal in UK

The Federal Government has announced a £746 million UK-backed financing deal to…

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Oil barrels and fuel pump illustration showing impact of rising global oil prices on Nigeria
Business

Oil above $100 raises fresh pressure on Nigerians

Oil prices have climbed above $100 a barrel again. Here is what…

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Federation Account Allocation Committee meeting on February 2026 revenue sharing in Nigeria
Economy

FAAC Disburses N1.894tn to FG, States, LGs as February Allocation

The Federation Account Allocation Committee, FAAC, has shared N1.894 trillion as February…

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Central Bank of Nigeria headquarters as CBN moves to restrict fresh credit for major loan defaulters
Business

BREAKING: CBN Restricts Fresh Credit for Loan Defaulters

CBN has directed banks to deny fresh credit to major loan defaulters.…

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President Bola Tinubu approves incentives for the Bonga Southwest Aparo deepwater oil project in Nigeria
Energy

Tinubu Approves $20bn Bonga Deepwater Project

President Tinubu has approved incentives to unlock the $20 billion Bonga deepwater…

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