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NSIA, World Bank to fund power, ports projects in Nigeria

NSIA, World Bank to fund power, ports projects in Nigeria

•Set to launch Nigeria Infrastructure Finance Guarantee Platform By Emma Ujah,   The Nigeria Sovereign Wealth Fund (NSIA) and the World Bank are working towards financing large scale power and ports infrastructure projects in Nigeria. Briefing the press on the 2025 financials of the Authority in Abuja yesterday, NSIA’s Managing Director, Mr. Aminu Umar-Sadiq, said to this effect […]

Cooking gas price rises 13% to N1,500 per kg

Cooking gas price rises 13% to N1,500 per kg

…As dealers lament poor sales By Mariam Adebukola The price of Liquefied Petroleum Gas, LPG, also known as cooking gas has increased by 14.3 percent on a month-on-month, MoM, basis, to N1,500 per kilogram, from N1,300 recorded last month. However, the ex-depot price of the product increased by 16.7 percent on a MoM basis to N21 million […]

World Bank approves $500m credit for Nigeria’s smallholder farmers

World Bank approves $500m credit for Nigeria’s smallholder farmers

The World Bank says it has approved a $500 million credit facility for Nigeria through the International Development Association (IDA) to support the implementation of the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) project. In a statement on its website, the bank said the initiative is designed to increase smallholder farmers’ productivity, strengthen agricultural value chains, […]

FG issues ultimatum to maritime agencies on performance

FG issues ultimatum to maritime agencies on performance

By Godwin Oritse The Federal Government (FG) has issued a strong warning to heads of agencies under the ministry, demanding strict accountability and measurable results. Minister of Marine and Blue Economy, Adegboyega Oyetola, issued the warning during the signing of performance bonds with heads of maritime agencies at the Ministerial Management Retreat, held alongside the 2026 […]

UNDP, PIND partner on advance integrated devt of Niger Delta

UNDP, PIND partner on advance integrated devt of Niger Delta

By Efe Onodjae United Nations Development Programme (UNDP) and the Foundation for Partnership Initiatives in the Niger Delta (PIND) have formalized a strategic partnership to advance integrated, scalable development and investment solutions across the Niger Delta under the Integrated Smart States Programme (ISSP).The partnership, established through a Memorandum of Understanding (MoU), reflects a shared commitment […]

CBN, banks, fintechs launch joint platform to fix payment gaps

CBN, banks, fintechs launch joint platform to fix payment gaps

•Unveil new payments vision as PSPC takes off By Babajide Komolafe The Central Bank of Nigeria (CBN), commercial banks and financial technology (fintech) operators have launched a joint industry platform aimed at addressing structural gaps in the nation’s payment system, even as the apex bank disclosed plans to unveil a new payments vision to drive the next […]

Pound to Naira exchange rate today, April 3, 2026

Pound to Naira exchange rate today, April 3, 2026

The British Pound Sterling experienced a downward adjustment against the Nigerian Naira during the early morning trading session today, April 3, 2026, as the local currency continued to show strength across major global pairs in the official and informal markets.

Dollar to Naira exchange rate today, April 3, 2026

Dollar to Naira exchange rate today, April 3, 2026

The Nigerian Naira maintained its positive momentum against the United States Dollar in the early hours of Friday, April 3, 2026, as the foreign exchange market entered the final trading session of the week.

Uba Sani leads regional power push, seals ₦15bn energy deal in London

Uba Sani leads regional power push, seals ₦15bn energy deal in London

Governor of Kaduna State, Senator Uba Sani, led high-level engagements at the Kaduna Electric Franchise Energy Summit in London, advancing the state’s drive for sustainable power and economic growth. In a statement signed by the Honourable Commissioner for Information, Malam Ahmed Maiyaki, the summit was described as a key step in the Governor’s broader agenda […]

Plateau killings: This won’t happen again, Tinubu vows 

Plateau killings: This won’t happen again, Tinubu vows 

JOS—President Bola Tinubu has directed security agencies to track down and apprehend those responsible for the killings in Angwan Rukuba, Jos North Local Government Area, LGA, Plateau State, even as he consoled families of victims.

Utomi alleges plot by INEC, APC to weaken opposition

Utomi alleges plot by INEC, APC to weaken opposition

Political economist and public affairs analyst Pat Utomi, alongside the Movement for Credible Elections (MCE), yesterday alleged a coordinated plot involving the Independent National Electoral Commission (INEC) …

EFCC urges court to permanently forfeit 57 properties linked to Malami

EFCC urges court to permanently forfeit 57 properties linked to Malami

The Economic and Financial Crimes Commission (EFCC), has urged the Federal High Court in Abuja to permanently forfeit 57 properties allegedly linked to Abubakar Malami, SAN, former Minister of Justice and Attorney General of the Federation, to the Federal Government. The anti-graft agency, through a motion on notice filed by its legal team led by Jibrin Okutepa, […]