Lagos takes delivery of new coaches for Blue Line Rail
Lagos takes delivery of new coaches for Blue Line Rail The Lagos State Government has taken a delivery of three brand-new train sets of 12 coaches in for the Lagos…
MAN urges CBN to order manufacturers’ accounts unfreeze
MAN urges CBN to order manufacturers’ accounts unfreeze The Manufacturers Association of Nigeria (MAN) on Thursday urged the Central Bank of Nigeria to expedite actions to see its members’ accounts…
IRWG to unveil agro processing clusters in Kano
The Industrial Revolution Work Group (IRWG) said plans are at verge of completion to establish an agro processing zone with focus on cassava value chain in Kano and some other…
Dangote reduces petrol price to ₦875–₦905 Nationwide
The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across the country, with new rates now ranging from N875 to N905…
Afreximbank posts solid Q1 results, meets expectations
Barbara Bako, Abuja. African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2025.…
CBN holds MPR at 27.5% to steer economic stability
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 27.50 percent.…
CBN reassures public on banking sector stability
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) wishes to categorically reassure the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The CBN,…
CVFF loan: NIMASA confirms single-digit interest rate
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed at a single-digit interest rate, marking a significant milestone…
FG unviels new regulations for leased aircrafts
In a quest to ensure ease of doing business and strengthen Airline Operators, Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, has stated that President Bola Ahmed Tinubu led…
APM terminals records 30% export cargo surge in April
APM Terminals Apapa has given Nigeria’s export drive a strong lift, handling 8,687 twenty-foot equivalent units of export cargos in April, marking a 30% jump from the 6,606 TEUs recorded…
















