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NIMC approves FIC Professionals Network Plc to join the World Bank-backed ID4D project, enhancing Nigeria's digital identity and financial inclusion The National Identity Management Commission (NIMC) has approved FIC Professionals Network Plc to participate in the World...
Fidelity Bank raises share capital to N36.7bn, strengthening its financial position for expansion, digital transformation, and competitive growth Fidelity Bank Plc has increased its issued share capital from ₦26.7 billion to ₦36.7 billion, following shareholders’ approval...

Global economy set to grow at 2.8% in 2025, UN report predicts

The UN forecasts the global economy will grow at 2.8% in 2025, citing steady performances from major economies despite ongoing challenges like inflation and...

Tomato farmers call for government support to tackle post-harvest losses

NATPAN urges government intervention to reduce tomato post-harvest losses with better facilities, transportation methods, and solar dryers.  The National Tomato Growers, Processors and Marketers Association...

FG allocates ₦132bn to boost Nigerian agriculture in 2025

The Federal Government’s ₦132bn allocation in 2025 aims to empower Nigerian farmers, enhance food security, and tackle agricultural challenges.  The Federal Government of Nigeria has...

NERC transfers oversight of Ogun State’s electricity market to local regulator

The Nigerian Electricity Regulatory Commission has transferred oversight of Ogun State's electricity market to the new local regulator, in line with recent reforms. In a...

Nigeria secures $1.5bn loan from World Bank after major economic reforms

Nigeria receives a $1.5bn loan from the World Bank after successfully implementing economic reforms, including fuel subsidy removal and tax changes.  Nigeria has secured a...

Currency swap deal with China may challenge Nigeria’s AfCFTA goals, says group

A think-tank has warned that Nigeria’s renewed currency swap agreement with China could limit its active participation in the Africa Continental Free Trade Area...

FCT-IRS exceeds revenue target with N252.83 billion collection in 2024

FCT-IRS surpasses its 2024 target by 101%, collecting N252.83 billion, a 19.8% increase from 2023, bolstered by reforms and partnerships.  The Federal Capital Territory...

Nigerian Government spends N8.73 billion on power at Abuja Airport

Nigeria spends N8.73 billion on power at Abuja airport in 2024, sparking calls for sustainable energy solutions to combat unreliable electricity. The Federal Government...

World Bank to approve $1.65bn in loans for Nigeria in 2025, targeting key development areas

The World Bank is set to approve $1.65bn in loans for Nigeria in 2025 to support projects focused on displaced persons, education, and nutrition.  The...

Nigeria and UNESCO to strengthen bioethics development with new MoU

Title: Nigeria and UNESCO to Strengthen Bioethics Development with New MoU  The Federal Government of Nigeria and the United Nations Educational, Scientific, and Cultural Organisation...

Concerns raised over pension payments amid government’s sporadic disbursements

Nigeria's Federal Government faces criticism over sporadic pension payments, leaving many retirees uncertain about their future benefits. The Centre for Pension Rights Advocacy has expressed...

Borno Governor Babagana Zulum raises alarm over proposed Tax reform bill

Borno Governor Babagana Zulum warns that the proposed tax reform bill could harm the North's economy, urging President Tinubu to reconsider the legislation. Borno State...

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