Guinea woos Nigerian investors to $20bn project

Guinean Ambassador to Nigeria, Siaka Cissoko, has revealed that there are ongoing mega-projects in Guinea worth about $20 billion that Nigerian companies could participate in. “As I speak to you,…

Access Bank sets to acquire Kenya’s bank

The Central Bank of Kenya and the National Treasury have given the green light for Nigerian lender Access Bank PLC to acquire the struggling National Bank of Kenya, marking a…

EFCC promises refunds for CBEX investors

The Economic and Financial Crimes Commission (EFCC) has assured Nigerians who invested in the CBEX digital trading platform that efforts are underway to recover and refund their funds. The anti-graft…

Customs enlightens bankers on new trade payment platform

Following the successful deployment of its Unified Customs Management System (UCMS), codenamed B’odogwu, the Nigeria Customs Service (NCS) has intensified strategic engagements with key stakeholders to consolidate gains and drive…

Nigeria signs ECOWAS tariff offers for 90% waiver on AfCFTA goods

Nigeria is set to open its boarders for trade with 90% tariff cut under the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade…

Inflation hits 24.2% in March as food prices rise

Nigeria recorded increased Consumer Price Index, which measures inflation, in March, reaching 24.23 per cent when compared with the February figure. The report from the National Bureau of Statistics (NBS)…

FG sets new deadline for Abuja-Kaduna-Kano road completion

In a renewed push to fast-track one of Nigeria’s key infrastructure projects, the Federal Government has earmarked N777 billion naira for the completion of the 700km Abuja-Kaduna-Kano Road, setting a…

No hiding for corrupt contractors – BPP warns

Procurement officers across government ministries, departments, and agencies face strict scrutiny as the Bureau of Public Procurement vows to crack down on inflated contracts and violations of due process. The…

FG unveils N10bn onion storage facility in Kano

The Federal Government has lauded the launch of Africa’s largest onion storage facility, describing it as a major milestone in Nigeria’s industrial and agricultural transformation. The N10 billion ultra-modern facility,…

PTAD, EFCC partner to tackle pension fraud

The Pension Transitional Arrangement Directorate, PTAD, has sought the collaboration of the Economic and Financial Crimes Commission, EFCC, on knowledge sharing and forensic analysis of documents to combat pension fraud.…