NIGERIA Archives - Page 8 of 10

Dele Oye: National Single Window Could Unlock $3bn Logistics Investment, Save Nigeria $18m Annually

NewsDeskNgMar 9, 2026March 9, 20260

Alliance for Economic Research and Ethics warns domiciling trade platform under Nigeria Revenue Service risks undermining competitiveness and private sector confidence. Chairman, Alliance for Economic Research and Ethics (AERE), Hon. Dele Kelvin Oye, said the proposed customs National Single Window (NSW) could unlock about $3 billion in logistics investment and...

Nigeria Police Strengthens Counter-Terrorism, Approves New CTU Bases Nationwide

NewsDeskNgMar 8, 2026March 8, 20260

Nigeria Police expands counter-terrorism capacity, establishes new CTU bases, and deploys personnel to strategic locations nationwide. The Nigeria Police Force has expanded its counter-terrorism capacity with the approval of new Counter Terrorism Unit bases and the deployment of additional personnel to strategic locations across the country. The development was disclosed...

Wale Edun: Nigeria Facing Fiscal Correction, Not Collapse

NewsDeskNgMar 7, 2026March 7, 20260

Finance Minister Wale Edun says Nigeria’s economic reforms reflect fiscal correction aimed at long-term sustainability, not fiscal collapse. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Friday said recent trends in the nation’s economy did not indicate that the country was experiencing a fiscal...

Nigeria Engages Foreign Investors At Presidential Villa As PEBEC Addresses Business Climate Concerns

NewsDeskNgMar 7, 2026March 7, 20260

PEBEC hosts foreign investors, diplomats and regulators in Abuja dialogue to address security, taxation and regulatory challenges. The Federal Government has intensified efforts to reassure foreign investors about Nigeria’s business environment, convening top executives, diplomats and regulators for a high-level investment dialogue at the Presidential Villa in Abuja. The meeting,...

Nigeria’s External Reserves Climb To $50.45 Billion, Highest Level In 13 Years

NewsDeskNgMar 6, 2026March 6, 20260

Nigeria’s external reserves rise to $50.45 billion, highest in 13 years, strengthening buffers for imports, debt servicing and currency stability. Nigeria’s foreign reserves have risen to their highest level in more than a decade, offering a rare moment of financial relief for Africa’s largest economy amid years of foreign exchange...

Nigeria Needs $23bn To Electrify 143,000 Underserved Communities, REA Reveals

NewsDeskNgMar 6, 2026March 6, 20260

Nigeria needs $23bn to expand electricity access to 143,000 communities as power shortage continues to hinder economic growth, says REA. Nigeria will require an estimated $23 billion to bridge electricity gaps in underserved and unserved communities nationwide, a revelation that underscores both the scale of the country’s energy deficit and...

SGF Akume Leads Nigeria’s Delegation To Jesse Jackson’s Burial in US

NewsDeskNgMar 5, 2026March 5, 20260

Tinubu appoints SGF Akume to lead five-member delegation representing Nigeria at burial rites of US civil rights icon Jesse Jackson. President Bola Tinubu has constituted a five-member delegation to represent Nigeria at the burial of American civil rights leader, activist and former presidential candidate, Rev. Jesse Jackson. Jackson, who died...

Nigeria Poised For AI Leadership As Education Stakeholders Push Data-Driven Reform

NewsDeskNgMar 2, 2026March 2, 20260

Experts say fixing data governance and institutional gaps is key to unlocking Nigeria’s AI potential in education. Nigeria could position itself as a continental leader in artificial intelligence if it strengthens data governance and institutional readiness, stakeholders declared at a high-level policy workshop in Abuja focused on modernising school administration...

Nigeria Moves To Expand Consumer Credit, Inaugurates CREDICORP Board

NewsDeskNgFeb 27, 2026February 27, 20260

FG inaugurates CREDICORP board as Nigeria targets consumer credit access for 50% of working Nigerians by 2030. Vice President Kashim Shettima has inaugurated the Board of the Nigerian Consumer Credit Corporation (CREDICORP), saying access to consumer credit is critical to Nigeria’s ambition of becoming a one-trillion-dollar economy. According to Shettima,...

Gencos Blame Regulatory Distortions, N6.2tn Debt For Nigeria’s 25.8% Power Capacity Utilisation

NewsDeskNgFeb 24, 2026February 24, 20260

Gencos cite regulatory risks, unpaid N6.2tn debt and weak PPAs for Nigeria’s persistent 4,000MW power generation. Nigeria’s power generation companies have attributed the country’s persistently low electricity output averaging about 4,000 megawatts from an installed capacity of 15,500MW, to deep-rooted regulatory distortions and operational constraints within the electricity market. The...