NIGERIA RECIEVES $299.99 MILLION WORTH OF PALLIATIVE LOAN FROM WORLD BANK

The World Bank finally disbursed about $299.99 million to Nigeria out of the $800 million approved for the National Social Safety Net Program-Scale Up....

AFCFTA: STANDARD CHARTERED FORECASTS $1 TRILLION INTRA-AFRICA EXPORTS BY 2035

A recent report from Standard Chartered Bank Group suggests that due to the African Continental Free Trade Area (AFCFTA), exports within Africa could hit $1...

CBN, NBET OWES NDPHC N190 BILLION IN 8 YEARS

The Central Bank of Nigeria (CBN)  and Nigeria Bulk Electricity (NBET) now owe the Federal Government owned Power firm, the Niger Delta Power Holding...

AfDB COMMITS $618 MILLION TO BOOST NIGERIA’S TECH AND CREATIVE SECTORS

The African Development Bank (AfDB) has finalized an agreement to allocate $618 million to Nigeria through the Investment in Digital and Creative Enterprise (i-DICE)...

AI RESEARCHERS AND INNOVATORS TO RECEIVE N5 MILLION GRANT FROM NAIRS

About 5 million naira in grants has been earmarked for researchers and startups by the Nigerian Artificial Intelligence Research Scheme (NAIRS) to boost artificial...

NIGERIA SEEKS $7.6 BILLION INVESTMENT FOR 2.1 MILLION BARRELS PER DAY OIL PRODUCTION BY 2025

According to Dr. Austin Avuru, the Chairman AA holdings, Nigeria would need a sum of $7.6 billion to recover oil production to 2.1m/bpd by...

CBN DOLLARS LIQUIDITY INJECTION, NAIRA MOPPING RESPONSIBLE FOR RECENT NAIRA REBOUND

The recent rebound in Naira, has been credited to the Central Bank of Nigeria (CBN) injection of dollar liquidity and naira mopping. The Association...

CANADA PLEDGES $18 MILLION FOR HUMANITARIAN AID IN NIGERIA

The Nigerian Government, has promised to ensure accountability, transparency and meticulous use of the $18 Million Canada humanitarian pledge. The Nigeria’s Minister of Humanitarian...

3.6 MILLION NIGERIANS RECEIVES UN HUMANITARIAN AID

About 3.6 million internally displaced persons (IDP) in the north-eastern part of Nigeria have received United Nations (UN) aid in the first half of...

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