The Federal Government of Nigeria has revealed a concerning fiscal trend: debt servicing obligations are projected to surpass capital expenditures over the next three years. This development, announced in recent…
Abuja, Nigeria — The Nigerian cryptocurrency industry has thrown its weight behind a proposed bill that seeks to criminalize Ponzi schemes and other fraudulent financial practices. The bill, currently under…
The National Automotive Design and Development Council (NADDC) has unveiled an ambitious plan to kickstart local manufacturing of vehicle spare parts.
Dublin, Ireland – The Nigerian Ambassador to Ireland, Dr. Mazudu Obi, has called on the Irish government to include Nigeria in its list of “safe countries” for asylum determinations. This…
Nigeria’s inflation rate continued its upward trend in October 2024, rising to 33.88% from 32.7% in September. This marks the second consecutive month of inflationary pressure, driven primarily by escalating…
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 50 basis points to 26.75%, continuing its aggressive tightening measures to combat soaring inflation. This marks…
Crude Oil Production Reached Significant Milestone in November 2024, Says NNPC
Discover how Nigeria’s 3 Million Technical Talent (3MTT) program is shaping the country’s digital economy with cutting-edge skills and job opportunities.
Investigations reveal substandard contracts and corruption as root causes of Nigeria’s persistent grid failures.
A strategic partnership between Nigeria and Saudi Arabia aims to strengthen economic reforms, diversify investments, and boost bilateral trade.