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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 […]