Business

Nigeria faces fiscal pressure as oil drops below $80

Nigeria faces fiscal pressure as oil drops below $80

  Nigeria is facing a fresh fiscal challenge in the third quarter (Q3) of 2026 as crude oil prices dip…
PEBEC pushes full digital integration of MDAs

PEBEC pushes full digital integration of MDAs

  The Presidential Enabling Business Environment Council (PEBEC) says it is advancing plans to fully integrate digital systems across federal…
NNPC rejects scrapping plan for Warri refinery

NNPC rejects scrapping plan for Warri refinery

  The Nigerian National Petroleum Company (NNPC) Limited has ruled out any plan to sell the Warri Refinery and Petrochemicals…
ILO, FG launch phase II green jobs programme in Nigeria

ILO, FG launch phase II green jobs programme in Nigeria

  The International Labour Organisation (ILO), in collaboration with the Federal Government and the Government of France, has launched the…
BoI disburses N645bn, creates 1.68m jobs in 2025

BoI disburses N645bn, creates 1.68m jobs in 2025

  The Bank of Industry (BoI) has disclosed that it deployed N645 billion in strategic financing in 2025 to de-risk…
Dangote Refinery raises $750m in eurobond, cuts fuel prices

Dangote Refinery raises $750m in eurobond, cuts fuel prices

The Dangote Petroleum Refinery has raised $750 million through its debut Eurobond, marking a significant step in its efforts to…
Shell launches $3bn facility to boost local contractors

Shell launches $3bn facility to boost local contractors

  Shell Nigeria Exploration and Production Company Limited (SNEPCo) has unveiled a $3 billion Contract Finance Facility aimed at strengthening…
World Bank Awards $27m to 20 Nigerian States

World Bank Awards $27m to 20 Nigerian States

  Twenty Nigerian states have received a combined $27 million in performance-based grants under the World Bank-supported Human Capital Opportunities…
World Bank Approves $1.25bn Nigeria Growth Plan

World Bank Approves $1.25bn Nigeria Growth Plan

  The World Bank Group on Wednesday approved a new seven-year partnership framework for Nigeria alongside a $1.25 billion financing…
Tinubu Reforms Ease Doing Business, Says Shettima

Tinubu Reforms Ease Doing Business, Says Shettima

  Vice President Kashim Shettima has said that ongoing reforms by the administration of President Bola Tinubu are making it…
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