Busines

  Dr. Abubakar Dantsoho, the Managing Director of the Nigerian Ports Authority (NPA), has described the vital role that effective seaports play in propelling Nigeria's economic progress, pointing out that…

In an attempt to stabilize Nigeria's power industry, the House of Representatives Public Accounts Committee authorized a 10-year debt restructuring framework and N248.6 billion in financial assistance for the Kano,…

Many observers characterize the battle between the United States and Iran as the fight that nobody wants. The protracted conflict serves neither party, and the world economy as a whole…

In an effort to bolster Nigeria's marine industry, the Federal Government has projected that the scheduled payment of the $700 million Cabotage Vessel Financing Fund (CVFF) and existing port modernization…

Following a fresh increase in inflation, the Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to immediately stabilize energy prices and bolster local supplies. The chamber…

As Nigeria navigates growing fiscal pressures and uncertainty in the global economy, the International Monetary Fund (IMF) has recommended the country to prioritize debt sustainability above deciding between domestic and…

Through its Innovation Hub Acceleration Program, the Development Bank of Nigeria (DBN) has stepped up its efforts to support Nigeria's micro, small, and medium-sized businesses (MSMEs) by educating entrepreneurs in…

  The restoration of crude oil production in Ogoniland has received significant backing from Pipeline Infrastructure Nigeria Limited (PINL), which has described it as a key national priority that needs…

Overlapping rules and frequent policy changes have deterred investors in Nigeria's economic environment throughout the years, according to the Nigerian Economic Summit Group (NESG). The Group disclosed the information on…

Nigeria's rail infrastructure is under increasing pressure, as seen by recent passenger comment on train services, which highlights operational deficiencies and the necessity of ongoing investment in contemporary rolling stock.…