Federal Republic Of Nigeria
FG opens application portal for MSME funding, receives 60,000 entries
The Nigerian government has said that the application portal for the N700 million MSME award will close on April 7, 2025. It allows small businesses to win N220m.
FG repays China, World Bank, IMF, other loans as Nigeria’s debt hits N144.6 trillion
The Debt Management Office (DMO) has explained that Nigeria spent about N5.97 trillion on debt servicing in 2024, relative to N5.23 trillion in 2023.
Innoson gets rival as another company begins sale of electric vehicles in Nigeria
LOXEA Nigeria has introduced BYD electric vehicles into Nigeria to rival Innoson as Nigeria pivots to cleaner and greener energy solutions in Africa.
New price emerges as beans crashes by almost 50%, hoarders unable to recover capital
Farmers noted that they have to sell at current price, even if they are not happy with it. But they expressed hopes that price will increase from a specific month.
Lagos state govt targets N5 billion sales at 2025 tourism fair with Naija Brand Chick
This is the second time the Lagos state government is partnering with the NaijaBrandChick to organise the tourism fair, with 220 vendors and over 75k buyers expected
Billionaire Tony Elumelu's company set to hit 100,000 barrels of oil production daily
Local refineries like the Dangote and Edo Refineries will soon have more options of where to purchase crude oil, as Heirs Energies has shared plans to hit 100k bpd.
NIPSS gives timeline for fuel price to crash to N750/litre, dollar to drop to N1,300
After weeks of declining fuel prices, the pump price of PMS recently climbed up again and now sells above N930/litre, The NIPSS has given a date for prices to crash
After raising DStv, GOtv prices, MultiChoice revenue falls, loses four million customers
MultiChoice has announced a revenue decline after increasing its subscription prices for DStv and GOtv, reportedly losing about four million subscribers in 24 months
“Lucky Ones”: 10 African countries with lowest debt to IMF in March 2025
The International Monetary Fund (IMF) has identified 10 African countries with the lowest debt exposure in its update list on the continent for March 2025.
Federal Republic Of Nigeria
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