News

Nigeria offers oil tax relief for cost-cutting measures
Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector ...
Nigeria Plans $464 Million Waterway Boost to Ease Lagos Traffic
The state housing Nigeria’s economic hub is engaging the European Union to develop inland waterways as part of an integrated ...
Life is improving in Nigeria, Tinubu says
The World Bank predicts that Nigeria’s total output, or GDP, will grow by 4% this year - a faster rate than the 3% when ...
Nigeria's Tinubu touts economic gains at mid-term but inflation and insecurity persist
By Ope Adetayo ABUJA (Reuters) -Nigerian President Bola Tinubu on Wednesday marked his second anniversary in office by ...
Nigeria cracks down on ‘spraying’ money at parties to defend currency
But, with the naira still vulnerable, authorities have also turned to unorthodox measures to defend the currency. The Economic and Financial Crimes Commission (EFCC) has revived a little-used 2007 law ...
At least 88 people dead in Nigeria after floods submerge market town
At least 88 people have been confirmed dead after floods submerged Mokwa, a market town in Nigeria’s Niger State, on Thursday ...
Nigeria's Tinubu seeks $21.5 billion foreign borrowing to boost growth
Nigerian President Bola Tinubu asked parliament to approve more than $21.5 billion in foreign borrowing for its 2025-26 ...
After India, now Africa: Pakistani terrorists training Boko Haram and ISIS in Nigeria, 4 arrested
Four Pakistanis were caught in Nigeria for helping terrorists like Boko Haram and ISWAP. They trained them and gave them ...