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Economy, Nigeria
Tinubu Approves N3.3tn Plan to Clear Power Sector Debts
President Bola Tinubu has sanctioned a N3.3 trillion bailout package aimed at settling long-standing debts in Nigeria’s power sector and …
Economy, Abia
Otti Greenlights NEPAL Energies’ Acquisition of Afro Beverages to Drive Jobs and Economic Growth
Abia State Governor, Alex Otti, has approved the takeover of Afro Beverages by NEPAL Energies, a move aimed at stimulating …
Economy, International
Oil Prices Fall, Stocks Rally as Trump Says War May End Soon
Oil prices sank and equities rallied on Tuesday following a volatile trading session after U.S. President Donald Trump suggested that …
Economy, Nigeria
How €2.3bn FG’s Electricity Project Failed
Despite the injection of €2.3 billion (about N3.7 trillion at the current exchange rate) into the Presidential Power Initiative (PPI), …
Nigeria
Reps move to provide legal backing for Nigeria’s decarbonisation plan
The House of Representatives has begun legislative moves to establish a legal framework for the implementation of Nigeria’s national decarbonisation …
Abia, Security
Otti confirms kidnap attempts in Abia, says situation under control
Abia State Governor Alex Otti says he is aware of two separate kidnap attempts at Olokoro and Ubakala in Umuahia …
Economy, Nigeria, Finance
Tinubu to Propose Amendment to PIA – Senate Committee
The Senate Committee on Finance has revealed that President Bola Tinubu will soon submit proposals to amend the Petroleum Industry …
Economy, Nigeria
CBN backs Tinubu’s executive order on direct oil revenue remittance
The Central Bank of Nigeria (CBN) says President Bola Ahmed Tinubu’s executive order on direct oil revenue remittance to the …
Economy, Nigeria
Early childhood investment key to Nigeria’s $1tn economy ambition — World Bank
The World Bank says Nigeria’s ambition to build a $1tn economy by 2050 will depend largely on urgent investment in …
Nigeria, Finance
Federal Government of Nigeria welcomes Central Bank of Nigeria 26.5% interest rate cut
The Federal Government has commended the Central Bank of Nigeria’s decision to reduce the Monetary Policy Rate (MPR) by 50 …
International
Trump Reportedly Weighs Initial Strikes to Force Iran Nuclear Deal
US President Donald Trump is reportedly considering launching an initial military strike against Iran in a bid to pressure its …
Economy
Nigeria Wins $6.2m Arbitration Against UK Tech Firm
Nigeria has secured a major legal victory in an international arbitration dispute against European Dynamics UK Ltd, avoiding a potential …
