News

Chinese President Xi Jinping has committed $50 billion in financial support and pledged increased military cooperation with Africa over the next three years. The announcement was made during the Forum...

Bill Gates, Co-chair of the Bill and Melinda Gates Foundation, has shed light on why Nigeria is the largest recipient of the foundation's intervention funds in Africa. During an interview...

Nigeria's non-oil export sector recorded a total revenue of $2.7 billion during the first half of 2024, reflecting increasing global demand for Made-in-Nigeria products. This represents a 6.26% growth compared...

As of June 30, 2024, Nigeria has become the third-largest debtor to the World Bank’s International Development Association (IDA), indicating a significant rise in the country's borrowing from the institution....

The Presidential Committee on Fiscal Policy and Tax Reforms has recommended raising the Value Added Tax (VAT) from the current 7.5%. Taiwo Oyedele, the committee's chairman, announced this during an...

The Dangote Refinery, a monumental $20 billion investment led by billionaire Aliko Dangote, has officially commenced the production of petrol, marking a pivotal moment for Nigeria’s energy sector. This significant...

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, is in Abuja today (Tuesday) for a significant meeting with Nigerian leaders, youth, and key partners. The gathering aims to...

The introduction of a windfall tax on Nigerian banks has sparked a debate about fairness, economic equity, and the role of financial institutions in addressing socio-economic disparities. This tax, which...

The Securities and Exchange Commission (SEC) of Nigeria is taking significant steps to enhance the efficiency of the capital market by introducing electronic filing systems. This move aims to streamline...

Sifiso Dabengwa, the former CEO of MTN Group, passed away on Monday morning after a prolonged battle with cancer. Dabengwa led MTN Group from March 2011 until 2015, stepping down...