The political crisis in Ondo State, Nigeria, has eased as Governor Rotimi Akeredolu handed over power to his deputy, Lucky Aiyedatiwa, on Wednesday. Akeredolu, who is reportedly suffering from cancer, …
Nigeria
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The Central Bank of Nigeria (CBN) is expected to maintain a tight monetary policy stance in 2024 to curb inflation, which has been soaring to record levels in recent months. …
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Nigeria’s Minister of Power, Adebayo Adelabu, has justified why the Mambilla Power project did not get any allocation in the ministry’s 2024 budget proposal. Speaking during a session with …
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A civic-tech organization, BudgIT, has raised the alarm over a huge mismatch in the proposed 2024 budget of Nigeria, which it says amounts to N3.42 trillion. The group claims that …
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Nigeria’s aviation sector is set to receive a major upgrade in the 2024 fiscal year, as the federal government has allocated N23 billion for the rehabilitation and repairs of airports, …
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Nigeria’s small and medium-sized enterprises (SMEs) are set to benefit from a $20 million Trade Finance Facility Agreement signed by the African Development Bank (AfDB) and FSDH Merchant Bank. The …
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Nigeria is facing a drug crisis as the value of medicines imported into the country rose by 68 percent to N81.8 billion in the third quarter of 2023, according to …
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Nigeria is facing its worst cost of living crisis in two decades, as inflation and fuel subsidy removal have pushed up the prices of food and transport. Many families are …
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Nigeria’s $790m debt to foreign airlines could force some of them to stop flying to the country, according to the International Air Transport Association (IATA). The IATA, which represents …
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Canada has announced a significant increase in the cost-of-living financial requirement for study permit applicants from other countries, including Nigeria, starting from January 1, 2024. According to a statement by …
