Federal Government Of Nigeria
World Bank clarifies $10.50 million funding request for CBN as Nigeria’s debt hits N144.6 trillion
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan as previously reported.
Chopnownow, 5 other Nigerian startups shut down over financial, other challenges
According to Startup Graveyard research, 6 of the 11 African companies that shut down, went into hibernation, or entered administration in 2024 were based in Nigeria
N18 billion investments on the line, as NGX delists Capital Oil, 2 others, lists next steps for shareholders
The NGX noted that this move will ensure transparency in the capital market as the affected companies had defied repeated warnings and suspension.
Nigeria’s debt hits historic high as FG seeks new World Bank loan
Nigeria's overall public debt reached its highest level ever as the most populous nation in Africa continues to rely on borrowing to pay its fiscal responsibilities.
Nigerian police react amid threat of nationwide protest
The Nigerian police reacted amid threats of nationwide protests. The protest is scheduled to be held on Monday, April 7, 2025. Olumuyiwa Adejobi shared a statement.
Africa Vision 2050: CALSER lauds Tinubu on Bagudu appointment
A socio-economic group, the Centre for Africa Liberation and Socio-Economic Rights (CALSER) has hailed President Bola Tinubu for appointing Atiku Bagudu.
Burna Boy, Wizkid, Davido, other Nigerian musicians rake in N58bn in royalties from Spotify
With artist royalties on Spotify alone surpassing N58 billion in 2024 compared to previous years, Nigerian music has reached a major financial milestone.
Groups set set to build plant for cheaper fuel as Dangote, NNPC announce new price
A $27.3 million memorandum of understanding (MoU) was signed by the PCNGi and LNG Arete Limited to build a seven mmscfd liquefied natural gas (LNG) plant.
FG finally finds solution to exchange rate concern, announces important partnership
Nigeria and Japan started a strategic venture capital initiative to give high-growth companies finance in Naira to seeks to offer long-term concessional finance.
Federal Government Of Nigeria
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