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Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn

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Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn
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Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn

August 23, 20250336
Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn

By Blaise Udunze. When the Nigerian government scrapped the decades-old fuel subsidy in 2023, it promised relief for the nation’s bleeding finances

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BusinessEconomyIndustryNews

Dangote Cement Prioritizes Road Safety with Comprehensive Driver Training

August 23, 20250451
Dangote Cement Prioritizes Road Safety with Comprehensive Driver Training

Dangote Cement Plc has reaffirmed its commitment to training and retraining its truck drivers to promote operational efficiency and safe driving acros

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Nigeria Customs Service Collaborates with Shippers’ Council to Address B’Odogwu Implementation Challenges

August 22, 20250265
Nigeria Customs Service Collaborates with Shippers’ Council to Address B’Odogwu Implementation Challenges

The Nigeria Customs Service (NCS) has taken a proactive step towards ensuring the smooth implementation of its Unified Customs Management System, comm

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Fidelity Bank Enables Global Transactions on Naira Debit Cards

August 22, 20250336
Fidelity Bank Enables Global Transactions on Naira Debit Cards

Fidelity Bank Plc, a leading tier-one lender in Nigeria, has announced the resumption of international transactions on its Naira Debit Cards. This

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Emzor Pharmaceutical Achieves Milestone with Successful Commercial Paper Repayment

August 22, 20250376
Emzor Pharmaceutical Achieves Milestone with Successful Commercial Paper Repayment

By Barnabas Esiet. Emzor Pharmaceutical Industries Ltd has successfully repaid its inaugural Series 1 Commercial Paper, marking a significant miles

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AMJON Pays Courtesy Visit to Maritime Workers Union of Nigeria

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August 21, 20250235
BudgIT Slams Finance Ministry, Budget Office for Ignoring Fiscal Responsibility Act

A prominent civic-tech organisation, BudgIT, has raised serious concerns over the refusal of the Federal Ministry of Finance and the Budget Office to

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FirstBank Expo Calls for Diversification of Nigeria’s Economy through Agriculture

August 20, 20250288
FirstBank Expo Calls for Diversification of Nigeria’s Economy through Agriculture

The FirstBank 2025 Agric and Export Expo has brought together stakeholders in the agricultural sector to discuss ways to rebuild Nigeria's export capa

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Maritime Workers Union Congratulates President Tinubu on Commissioning of State-of-the-art Vessel MT IYALOJA

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Maritime Workers Union Congratulates President Tinubu on Commissioning of State-of-the-art Vessel MT IYALOJA

By Barnabas Esiet. The Maritime Workers Union of Nigeria (MWUN) has extended its congratulations to President Bola Ahmed Tinubu on the successful c

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Moniepoint’s Documentary Showcasing Resilience of North East’s Agricultural Value Chain Earns Commendation from Nigerian Government, Others

August 19, 20250374
Moniepoint’s Documentary Showcasing Resilience of North East’s Agricultural Value Chain Earns Commendation from Nigerian Government, Others

A recent documentary and case study produced by Moniepoint Inc has highlighted the resilience of the North East's agricultural value chain, despite on

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