The Federal Government has thrown its weight behind the establishment of the Lagos International Financial Centre (LIFC), with stakeholders targeting a soft launch in the first quarter of 2027. The commitment was made at the inaugural meeting of the LIFC National Steering Committee held in Abuja on Wednesday, September 2, 2026. The meeting brought together…
Vice President Kashim Shettima is currently presiding over the National Economic Council (NEC) meeting held at the Council Chamber of the State House, Abuja, with governors and deputy governors from across Nigeria in attendance. The high-level meeting brought together key state executives to deliberate on national economic priorities and policy coordination between the federal and…
The Dangote Petroleum Refinery has secured a valuation of $39.1 billion as it advances a $1 billion private placement, which has already attracted more than $2 billion in investor commitments, signaling strong market confidence in the landmark industrial project. As part of the fundraising exercise, the refinery plans to offer 3 billion ordinary shares at $0.35 per share, making it…
Former Vice President Atiku Abubakar has criticised President Bola Tinubu’s administration over reports of a proposed $1.25 billion loan from the World Bank, warning that Nigeria is drifting further into unsustainable debt with little improvement in citizens’ welfare. In a statement issued on Sunday through his media aide, Olusola Sanni, Atiku described the planned borrowing…
