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FG: Nigeria–UAE Trade Deal Opens Global Market Access for Local Exporters

FG: Nigeria–UAE Trade Deal Opens Global Market Access for Local Exporters

by Abdul-Wahab Muhammad Ibaku | Jan 16, 2026 | Business/Finance, NEWS

  ‎The Federal Government says Nigeria’s trade agreement with the United Arab Emirates (UAE) will provide local exporters with a strategic hub to access global markets, particularly across the Gulf and beyond. ‎The Minister of Industry, Trade and Investment,...
FG Assures Investors Joint Nigeria–US Operation Won’t Disrupt Markets

FG Assures Investors Joint Nigeria–US Operation Won’t Disrupt Markets

by Abdul-Wahab Muhammad Ibaku | Dec 29, 2025 | Business/Finance, NEWS

  ‎The Federal Government has assured investors that the country’s recent joint security operation with the United States in Sokoto will not destabilise markets, but rather reinforce economic confidence. ‎The Minister of Finance and Coordinating Minister for the...
Tinubu Approves Cancellation of $1.42bn, ₦5.57tn NNPCL Debt

Tinubu Approves Cancellation of $1.42bn, ₦5.57tn NNPCL Debt

by Abdul-Wahab Muhammad Ibaku | Dec 29, 2025 | Business/Finance, NEWS

  ‎President Bola Tinubu has approved the cancellation of a portion of the debts owed by the Nigerian National Petroleum Company Limited (NNPCL) to the Federation Account ‎The President directed a wiping off about $1.42bn and N5.57tn after a reconciliation of...
NDIC Starts Paying Insured Deposits of Aso Savings, Union Homes

NDIC Starts Paying Insured Deposits of Aso Savings, Union Homes

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | Business/Finance, NEWS

  The Nigeria Deposit Insurance Corporation (NDIC) has began the liquidation of Aso Savings and Loans Plc as well as Union Homes Savings and Loans Plc following the revocation of their operating licences by the Central Bank of Nigeria (CBN). In a notice issued on...
FAAC Orders Reconciliation as NNPC, Periscope Consulting Clash Over Alleged $42bn Oil Revenue Shortfall

FAAC Orders Reconciliation as NNPC, Periscope Consulting Clash Over Alleged $42bn Oil Revenue Shortfall

by Favour Owonibi | Dec 10, 2025 | Business/Finance, NEWS

‎A renewed clash has emerged between the Nigerian National Petroleum Company Limited and Periscope Consulting, the audit firm hired by the Nigeria Governors’ Forum to examine an alleged under remittance of oil revenue. ‎The dispute, revived by fresh submissions from...
Reps Summon Finance, Budget Ministers Over Poor Budget Implementation, Delay 2026 Budget Consideration

Reps Summon Finance, Budget Ministers Over Poor Budget Implementation, Delay 2026 Budget Consideration

by Favour Owonibi | Dec 10, 2025 | Business/Finance, NEWS

The House of Representatives has summoned the Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Mr Atiku Bagudu, over poor budget implementation. ‎The House on Tuesday held a closed-door session with Edun, Bagudu, the...
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