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NSIA, UK firm sign $496m dairy livestock MoU

NSIA, UK firm sign $496m dairy livestock MoU

The Nigeria Sovereign Investment Authority, NSIA, has signed a Memorandum of Understanding, MoU, with UK-based Asset Green Ltd to advance the development of a large-scale integrated dairy livestock production and processing platform to transform Nigeria’s dairy industry and strengthen national food security.

Nigeria’s Balance of Payment falls 38% to $4.23bn in 2025

Nigeria’s Balance of Payment falls 38% to $4.23bn in 2025

…Crude oil exports decline 14.41% to $31.54bn…Foreign portfolio investments down 48.3% to $8.04…Current account surplus falls 26%By Babajide Komolafe, Economy Editor and Elizabeth Adegbesan Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments (BOP) surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded […]

Reps downstream committee raises alarm over likely hike in PMS price

Reps downstream committee raises alarm over likely hike in PMS price

The House of Representatives Committee on Petroleum Resources (Downstream) on Thursday raised a serious alarm over a looming increase in the pump price of Premium Motor Spirit (PMS), warning that Nigeria could face fresh fuel price shocks if urgent action is not taken within the next 48 hours.