Nigeria’s Revenue Sharing Plummets: States Face Fiscal Strain as FAAC Allocations Dip for Third Month
In a concerning trend for Nigeria's subnational governments, the Federation Account Allocation…
African Venture Capital Secures $3.6 Billion Amidst Global Downturn
Despite a challenging global economic climate, the African venture capital landscape has…
PwC Pulls Out of Nine Sub-Saharan African Nations Amid Strategic Shift
PricewaterhouseCoopers (PwC), one of the "Big Four" accounting firms, has confirmed its…
Nigeria Revives Dormant $25M Maritime Fund, Aiming to Boost Local Shipping
After two decades of dormancy, the Nigerian government has taken a significant…
EFCC Vows to Recover N1.3 Trillion Lost in CryptoBank Exchange (CBEX) Scam
The Economic and Financial Crimes Commission (EFCC) has pledged to recover the…
Dangote Refinery Cuts Petrol Price Again, Now N835/Litre
The Dangote Petroleum Refinery has announced a further reduction in the gantry…
Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns
Nigeria's external debt service is projected to climb to a substantial $5.2…
Nigeria’s Electricity Metering Plummets to Four-Year Low, Contradicting Government Claims
Recent data from the Nigerian Electricity Regulatory Commission (NERC) reveals a significant…