Oct. 16, 2025 National Pension Commission (PenCom) says unemployed Nigerians and individuals in the informal sector can now contribute to the pension scheme through the Personal Pension Plan (PPP). The Director-General of…
Category: Business & Economy
FG’s gold programme will shore up Nigeria’s foreign reserves — Minister
Oct. 15, 2025 The Minister of Solid Mineral Development, Dr. Dele Alake says the National Gold Purchase Programme (NGPP) will shore up Nigeria`s foreign reserves and boost the value of the naira….
G 24 – Nigeria Takes over Chairmanship
October 15, 2025 Nigeria has taken over the chairmanship of the Intergovernmental Group of Twenty-Four (G-24) from Argentina and will officially assume office on November 1, 2025. According to a statement on…
Nigeria’s trade surplus climbed to 6% – Cardoso
Oct. 15, 2025 The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six per cent of the nation’s Gross Domestic Product (GDP)….
Nigeria’s inflation rate eases to 18.02% in September- NBS
Oct.15, 2025 The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased further to 18.02 per cent in September 2025. The NBS disclosed this in its Consumer Price Index (CPI)…
FG, GenCos set to implement ₦4trn Presidential Power Sector Debt Reduction Plan
The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the Presidential Power…
We may partner with China to revive Ajaokuta steel company – Minister
Oct.14, 2025 The Minister of Steel Development, Prince Shuiabu Abubakar says the ministry is exploring partnership with the Republic of China for the revitalisation of both Ajaokuta Steel Company Limited (ASCL) and…
Reps move to secure single-digit loans for car buyers
Oct. 14, 2025 The House of Representatives Committee on Industry has resolved to pursue legislation for single-digit interest rates to enable more Nigerians to purchase new cars, tricycles, and motorcycles through affordable…
Shell invests to boost Nigeria’s offshore gas output
Oct. 14, 2025 The Shell Nigeria Exploration and Production Company Limited (SNEPCo), on Tuesday announced additional investment to grow Nigeria’s offshore gas output. SNEPCo, a subsidiary of Shell UK PLC, announced the…
Nigeria secures another major gas investment with Shell’s $2 billion offshore gas project
President Bola Ahmed Tinubu has welcomed the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the shallow offshore HI Field, in OML 144. The…