The Nigeria Deposit Insurance Corporation (NDIC) has warned debtors of failed banks against concealing assets, frustrating legal proceedings and deploying intimidation tactics...
Nigeria’s debt service-to-revenue ratio is projected to rise to 71.7 per cent by 2030, exceeding the 50 per cent threshold recommended by...
The Federal Government has secured a $200 million commitment from the World Bank Group to support a renewed national drive to expand...
The Central Bank of Nigeria (CBN) and the National Information Technology Development Agency (NITDA), in partnership with Africa Hyperscalers, are pushing for...
The International Monetary Fund (IMF), has predicted that Nigeria’s total investment will rise to 20 per cent of Gross Domestic Product (GDP)...
Nigeria’s electricity supply crisis is worsening as inadequate gas supply to thermal power stations and declining output from hydroelectric plants constrain electricity...
The Manufacturers Association of Nigeria has said it is working with the Federal Ministry of Power to address high electricity tariffs, unreliable...
Nigeria’s private sector sustained its growth momentum in October, recording a fifth consecutive month of expansion as stronger performances in agriculture and...
Bank of Industry Limited and International Finance Corporation, a member of the World Bank Group, have signed a $50m senior loan to...
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Jani Ibrahim, has urged Chinese investors...