Tag: Nigeria Economy

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OPL 245 Settlement: Nigeria’s Economy Set To Soar Under Tinubu’s Leadership

News Kefas Akase Kefas Akase -
The Attorney-General, Lateef Fagbemi, says the resolution of OPL 245 will strengthen Nigeria’s economy, attract investment, and enhance fiscal stability, praising President Bola Tinubu’s leadership.

Power Reform: Tinubu Inaugurates Committee For New Grid Asset Management Company

News Kefas Akase Kefas Akase -
President Bola Tinubu has inaugurated an 11-member committee to facilitate the establishment of the Grid Asset Management Company Limited (GAMCO) aimed at improving power generation, transmission and grid management in Nigeria.

Tinubu Signs Sweeping Executive Order To Boost Federation Oil Revenue

News Kefas Akase Kefas Akase -
President Bola Tinubu has signed a sweeping Executive Order mandating direct remittance of oil and gas revenues to the Federation Account, targeting revenue leakages and restructuring NNPC Limited’s deductions.

CBN Boosts BDC Liquidity With Fresh $150,000 Weekly FX Approval

News Daberechi Uwajie Daberechi Uwajie -
CBN approves weekly access of up to $150,000 for licensed BDC operators in the Nigerian Foreign Exchange Market, with strict compliance and transparency rules.

Strong Naira Rally Extends Gains At Official FX Market

Finance Ferddy Agu Ferddy Agu -
The Naira appreciated to N1,351.02 at the official FX market, extending recent gains amid improved liquidity and sustained Central Bank interventions.
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ESUT Announces Major Promotion As 37 Staff Rise To Professors, Readers And Directors

Education 0
Enugu State University of Science and Technology (ESUT) has approved the promotion of 37 staff members, including 11 professors, 14 readers and 12 directors. The promotions were endorsed by the university's Governing Council at its 184th meeting.

Governor Mbah Unveils Multi-Billion-Naira Pharmaceutical Plant In Enugu, Boosts Local Drug Production

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Enugu State Governor Peter Mbah has commissioned Anchorage Pharmaceutical Industries Limited in Trans-Ekulu, a multi-billion-naira investment expected to boost local drug manufacturing, create jobs and strengthen healthcare delivery.

Lagos Meat Prices Hit Alarming ₦10,000 Per Kg As Butchers Blame Forex, Transport Costs

Economy 0
Meat prices in Lagos have surged to between ₦9,000 and ₦10,000 per kilogramme, up from ₦7,000–₦7,500 four months ago. The Lagos State Butchers Association blames foreign exchange fluctuations, rising diesel prices and cattle transportation losses, urging the Federal Government to introduce dedicated cargo rail services.

Brilliant GOUNI Medical Student Wins Prestigious Vice-Chancellor For One Day Competition

Education 0
Chibunna Ochor, a 400-level Medicine and Surgery student at Godfrey Okoye University GOUNI, Enugu, has won the 2026/2027 Vice-Chancellor for One Day competition after emerging victorious among eight students who achieved a perfect 5.0 CGPA.

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