The World Bank has approved an additional $65 million credit for Nigeria’s Sustainable Procurement, Environmental, and Social Standards Enhancement (SPESSE) project, increasing the total financing for the initiative to $145 ...
In 2024, Nigeria's financial habits marked a dramatic shift. Point-of-Sale (POS) terminals processed ₦223.27 trillion in transactions, doubling the ₦110.35 trillion recorded in 2023. Monthly data shows January’s POS volume ...
Nigeria has reached a historic milestone in gender parity, with the highest-ever level of female participation in the workforce, according to the World Economic Forum's (WEF) Global Gender Gap Report ...
The Nigerian government is expected to lose US$4 million from a World Bank credit after failing to meet auditing standards for revenue reforms involving the Federal Inland Revenue Service and ...
Aliko Dangote, President of the Dangote Group, recently highlighted that Nigerians are paying significantly less for petrol compared to their West African neighbours. During a visit by ECOWAS Commission President ...
The Niger Delta Power Holding Company (NDPHC) is grappling with significant operational challenges due to an outstanding debt of approximately ₦600 billion owed by the Nigerian Bulk Electricity Trading Plc ...
In a strategic move to accelerate Nigeria’s industrial transformation, the Director-General of the Nigeria-China Strategic Partnership, Mr. Joseph Tegbe, met with the Minister of State for Industry, Trade, and Investment, ...
The Chairman of the Sector Skills Council for Information and Communications Technology, Mr. Shola Oshilaja, has raised concerns over Nigeria’s growing digital skills gap, warning that the country could lose ...
Applications are now open for the NGO Support Initiative (NSI) Grant Program in Nigeria, offering up to ₦5 million in funding for short-term, high-impact projects. This initiative, launched by the ...
The Nigerian government has granted approval for Chinese investors to establish electric vehicle (EV) manufacturing plants within the country. This strategic move aims to harness Nigeria's abundant solid mineral resources, ...
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