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Naira stability boosted as CBN injects $580m despite dwindling reserves
CBN’s $580m FX market injection in May 2025 helped stabilise the naira, but analysts raise concerns over sustainability amid declining...
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Fidelity Bank denies paying ₦5bn to police over ₦19bn fraud allegation
Fidelity Bank has debunked claims that its MD paid ₦5bn to avoid detention, insisting the story is false and legally...
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Ajaokuta Steel revival takes shape as Nigeria partners with Chinese industrial giants
Ajaokuta Steel revival Nigeria gathers momentum as FG opens talks with top Chinese steel firms to restore key industrial asset...
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Aliko Dangote steps down as chairman of Dangote Sugar, Arnold Ekpe takes helm
Aliko Dangote retires after 20 years as Chairman of Dangote Sugar Refinery Plc, with banking expert Arnold Ekpe appointed as...
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Nigeria petrol import decline signals Dangote Refinery impact
Nigeria’s petrol import bill fell 54% in Q1 2025 as Dangote Refinery boosts local supply, marking a major shift in...
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Nigeria China partnership deepens on Democracy Day with focus on sustainable growth
As Nigeria celebrates Democracy Day, the Nigeria-China Strategic Partnership reaffirms commitment to stronger bilateral ties and inclusive national development Nigeria...
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British High Commission backs Nigeria’s energy transition strategy
The British High Commission has reaffirmed its support for Nigeria’s energy transition and gas flare reduction efforts through strategic collaboration...
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Ajaokuta Steel revival gains momentum as Nigeria holds strategic talks with Sino Steel
Nigeria has intensified talks with China's Sino Steel, aiming for Ajaokuta Steel Revival to restore the industrial giant. This move...
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Lagos coastline protection prioritised as state tackles climate change
Lagos coastline protection is at the forefront of the state's climate action strategy, with new resilient infrastructure, drainage upgrades, and...
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Tin Can customs command generates N128bn in May, tops previous records
The Tin Can Island Port Area Command of the Nigeria Customs Service announced a revenue generation of over N128.446 billion...
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