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Development Banks to Play Key Role in Disbursement of $350m Cabotage Vessel Financing Fund –FG

Minister of Marine and Blue Economy, Adegboyega Oyetola, yesterday, in Lagos revealed that Nigerian Maritime Administration and Safety Agency (NIMASA), in partnership...

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Leadership & Management

N’Assembly Passes ₦54.99tr 2025 Appropriation Bill into Law

The National Assembly yesterday passed the N54,990,165,355,396 Appropriation Bill for the 2025 fiscal year. The fiscal legislation was passed simultaneously by both...

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Professional Service

Improved Port Infrastructure’ll Enhance Operational Efficiency –MAN

The Manufacturers Association of Nigeria (MAN) has urged the federal government to improve port infrastructure which will enhance operational efficiency and attract...

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Business News

$50m IFC Investment Shows Global Confidence –Tinubu

President Bola Tinubu on Wednesday commended the International Finance Corporation for its recent $50m equity investment in the Lagos Free Trade Zone....

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Leadership & Management

UN Releases $5m for Anticipatory Action Against Floods in Nigeria

The United Nations has released US$5 million from the Central Emergency Fund (CERF) for anticipatory action against floods in Nigeria. The release...

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Banking & Finance

House Passes Tax Reform Bills for Second Reading

The House of Representatives yesterday passed the controversial tax reform bills submitted by President Bola Tinubu for second reading. The bills are:...

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Banking & Finance

‘Nigeria Got $52b from Afreximbank, Largest in Africa’

Nigeria has received a cumulative disbursement of approximately $52bn from the African Export-Import Bank, making it the largest beneficiary of the bank’s...

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Economy & Market

Customs Suspends 4% Levy on Imports

The Nigeria Customs Service (NCS) has announced suspension of the implementation of 4% Free-on-Board (FOB) value on imports, following public outcry by...