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IMF signals $50bn emergency funding need

IMF signals $50bn emergency funding need

The International Monetary Fund (IMF) has projected that as much as $50 billion may be required in emergency financing to…
MTN expands media programme to 25 fellows, opens applications

MTN expands media programme to 25 fellows, opens applications

MTN Nigeria has opened applications for the fifth edition of its Media Innovation Programme (MIP), expanding the cohort to 25…
NNPC remits N1.804trn to federation account in February

NNPC remits N1.804trn to federation account in February

The Nigerian National Petroleum Company Limited (NNPC Ltd) reported that it remitted N1.804 trillion to the Federation Account in February…
Japan turns to Nigeria for crude supply

Japan turns to Nigeria for crude supply

Nigeria is poised for increased oil revenue as Japan seeks alternative crude oil sources, including supplies from Nigeria, amid ongoing…
Gov. Eno reaffirms commitment to Ibom seaport

Gov. Eno reaffirms commitment to Ibom seaport

Governor Umo Eno of Akwa Ibom, has reiterated his administration’s resolve to deliver the Ibom Deep Seaport project, expressing confidence…
FG targets higher oil, gas output growth

FG targets higher oil, gas output growth

The Federal Government has reaffirmed its commitment to optimising existing assets in the oil and gas sector as part of…
FG secures £746m for port upgrades

FG secures £746m for port upgrades

The Federal Government has secured 746 million pounds to modernise the Apapa Port and Tin Can Island Port in Lagos,…
FG inaugurates technical committee to review $200bn rail, power, gas project

FG inaugurates technical committee to review $200bn rail, power, gas project

The Federal Government has inaugurated a high-level technical committee to assess a proposed $200 billion integrated high-speed rail, power, and…
TUC proposes crude oil subsidy for local refineries

TUC proposes crude oil subsidy for local refineries

The Trade Union Congress (TUC) has urged the Federal Government to introduce a subsidy on crude oil supplied to local…
World Bank lowers Nigeria’s 2026 growth forecast to 4.1%

World Bank lowers Nigeria’s 2026 growth forecast to 4.1%

The World Bank has revised down its projection for Nigeria’s economic growth in 2026, estimating an average expansion of 4.1…
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