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Nigeria’s House of Reps Committee Calls for Halt on NNPCL’s Planned $2 Billion Crude...
In a decisive intervention, the House of Representatives Special Joint Committee investigating the factors undermining Nigeria's petroleum sector has directed the Nigerian National Petroleum...
World Bank Restructures $350 Million Loan for Nigeria’s Electrification Project, Extends Deadline to 2024
In a development aimed at bolstering Nigeria's energy infrastructure, the World Bank has restructured a $350 million loan to the country. This restructuring is...
FCCPC’s $220m WhatsApp Fine: WhatsApp Reportedly Threatens to Shut Down Operation in Nigeria
Last month, Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) imposed a $220 million fine on WhatsApp, citing data privacy violations.
The fine, one of...
Senate Passes Bill Increasing Ways and Means Borrowing Limit to 10%, Sparks Concern Over...
In a move that has raised eyebrows and sparked debate across Nigeria, the Senate on Wednesday amended the Central Bank of Nigeria (CBN) Act,...
Three Things Playing in the Nigerian Economy – Borrowing, Business Losses, Windfall Tax
These are three things playing in the Nigerian economy.
#1 - Senate Expands Federal Government Borrowing from CBN
The Nigerian Senate has amended the Central Bank...