The Federal Government has called on women across Nigeria to explore investment opportunities in the capital market, describing it as a vital tool for wealth creation and economic empowerment. This appeal was made during the launch of the Securities...
The Federal Government’s indebtedness to the Nigerian National Petroleum Company Limited (NNPCL) for exchange rate differentials on Premium Motor Spirit (petrol) imports has risen to N7.74tn as of September 2024. This debt, accumulated during the period of fuel subsidy...
The Federal Government has unveiled plans to reward innovative and resilient entrepreneurs with prizes worth over N220m at the eighth edition of the National MSMEs Award. The awards, which include houses, shops, cars, and cash prizes, are part of...
The United Kingdom and Nigeria have reaffirmed their commitment to enhancing trade relations and driving economic growth through the implementation of Nigeria’s National Quality Policy under the Standards Partnership Programme Phase II (SPP – Phase II). Launched in June...
Transactworld Digital, a leading fintech firm, has unveiled Transactpay, a comprehensive digital platform designed to empower small and medium-sized enterprises (SMEs) and transform their business operations. Transactpay goes beyond traditional payment processing, offering innovative solutions that enhance customer engagement,...
The Federal Government has announced an ambitious $122.2bn energy diversification investment plan aimed at transforming Nigeria’s power sector. The initiative, spanning 21 years from 2024 to 2045, seeks to reduce the country’s reliance on the national grid, enhance energy...
The Nigeria Labour Congress (NLC) has vowed to mobilise workers and citizens for a nationwide protest if the Federal Government proceeds with its proposed electricity tariff hike, labelling the move as “economic violence against the working class and broader...
The Accountant-General of the Federation, Dr Oluwatoyin Madein, has called on state governments to halt financial leakages and adopt prudent financial management practices to enhance revenue generation. During a working visit to the Federal Pay Office in Kano, Madein...
The Dangote Petroleum Refinery has announced another reduction in the ex-depot price of petrol, slashing it by N65 to N825 per litre. While this move is celebrated by consumers, importers of petroleum products have expressed concerns over the impact...
Nigeria’s economic crisis is reshaping the employment landscape, with traditional nine-to-five jobs becoming increasingly unstable. Rising inflation, job cuts, and the high cost of living have forced many Nigerians to explore alternative work models, including remote jobs, gig economy...
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