Naira depreciates to N1,392/$ in parallel market
The Naira yesterday depreciated to N1,392 per dollar in the parallel market from N1,388 per dollar on Wednesday. Similarly, the naira depreciated to N1,371 per dollar in the Nigerian Foreign…
HYPREP Closes 30 Ogoni Polluted Sites, Begins Fresh Probe of 18 High-Risk Locations
The Hydrocarbon Pollution Remediation Project (HYPREP) says it has completed remediation and closed 30 contaminated sites in Ogoniland, Rivers State, while launching fresh investigations into 18 high-risk polluted locations within…
Nigeria Has Enough Domestic Capital to Fund Infrastructure Gap — Governor Sule
Governor Abdullahi Sule of Nasarawa State says Nigeria possesses enough domestic liquidity to bridge its infrastructure deficit if transparent structures are put in place to attract investors. Sule made the…
PenCom Grants PFAs Special Approval to Invest in Dangote Refinery $50bn IPO
The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) regulatory forbearance to invest in the planned $50 billion Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals…
FG Awards Major Road Contracts Across Key States
The Federal Government has signed major contract agreements with four construction firms for the execution of strategic road projects across Nigeria, as part of efforts to accelerate infrastructure development under…
Tinubu Promotes Nigeria’s Reforms at Africa CEO Forum
The Presidency has said President Bola Ahmed Tinubu is using the ongoing Africa CEO Forum in Kigali, Rwanda, as a platform to promote Nigeria’s economic reforms and attract strategic investments…
IGP Supports Plan for 3,000 New Police Stations Nationwide
The Inspector-General of Police, Olatunji Disu, has backed calls for the construction of 3,000 new police stations across Nigeria, warning that the country’s existing security infrastructure can no longer adequately…
Tinubu Says Nigeria Attracted Nearly $20bn in Foreign Investments
President Bola Ahmed Tinubu has revealed that Nigeria attracted nearly $20 billion in foreign direct investments (FDI) this year, attributing the inflow to reforms introduced by his administration to improve…
Darma Vows to Fast-Track Housing Delivery, Inspect 15,000 Housing Units
Nigeria’s housing sector received renewed attention on Tuesday as the Minister of Housing and Urban Development, Engr. Muttaqha Rabe Darma, pledged to overhaul existing approaches within the ministry and accelerate…
Kano Targets Affordable Housing Through Public-Private Partnerships
The Kano State Government has reaffirmed its commitment to expanding access to affordable housing, revealing plans to align closely with President Bola Ahmed Tinubu’s Renewed Hope agenda to address…