Lekki Port to recover Nigeria’s lost transship cargoes, invests $100m in equipment Newly completed $1.5 billion Lekki Port and Lekki Freeport Terminal, its terminal
Debt servicing hits $112m monthly, says CBN The Federal Government spent $112.35m servicing external debt in January 2023. Data from the Central Bank of Nigeria’s
Buhari, Osinbajo, govs get N651m hardship allowance As many Nigerians continue to wallow in hardship, the President, Major General Muhammadu Buhari (retd.), Vice President Yemi
EKEDC expresses concern over cash flow challenges in power sector By Yusuf Yunus Dr Tinuade Sanda, Chief Executive Officer, Eko Electricity Distribution (EKEDC),
Nigeria’s borrowing: ‘Trouble’ imminent, says Budget Office The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to
Foreign loans will shrink, IMF warns Nigeria The International Monetary Fund has warned Nigeria to expect a significant reduction in foreign loans as the global
Telcos, banks’ battle over N100bn USSD debt threatens e-payment USSD code has opened the door for many Nigerians to utilise financial services, improving the