Industry & Money

FG Pegs Interest on ₦1tr Housing Loans at 12%

The Federal Government has announced a N1 trillion real estate funds aimed at facilitating home ownership through the provision of low-interest loans...

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Crude Production Cost Rises to $40/Barrel –Report

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission...

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Nigeria to Raise Broadband Investments by 500% –Minister

The Federal Government aims to increase broadband investments by 300 to 500 per cent under a new initiative designed to accelerate internet...

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Nigeria Needs $20b Annually to Boost Gas Infrastructure –NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI), said yesterday that Nigeria would need to inject $20 billion annually into its gas infrastructure...

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FG to Overhaul BOA for Agric Sector Revitalisation

In a strategic move aimed at revitalising Nigeria’s agricultural sector and fostering economic growth, the Federal Government has initiated decisive measures to reposition...

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Health Sector Gets $1b for Human Capital Development

Amid a shift in the United States (U.S.) development assistance policy, Nigeria yesterday unveiled major strategies in domestic health sector investments. The...

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Oil Firms Must Supply Local Refineries Or Lose Export Permits –NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has directed exploration and production companies to strictly adhere to the Crude Oil Supply Obligations for...