Nigeria Approves $618 Million Loan to Acquire Italian Attack Jets for Air Force Fleet Renewal
Nigeria’s cabinet has approved borrowing approximately $618 million from a consortium of financiers to purchase six M-346 attack jets and…
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FEC Scraps Niger Delta and Sports Ministries, Creates New Regional Development Ministry
The Federal Executive Council (FEC) has abolished the Ministry of Niger Delta and the Ministry of Sports Development, according to…
Lagos to Launch First International Cultural Festival ‘Afropolis 2024’ on October 26
The Lagos State Government, in partnership with QDance Centre, is set to launch the inaugural International Cultural Festival, “Afropolis 2024,”…
World Bank Approves $1.57bn Financing Package for Nigeria to Boost Health, Education, and Power Sectors
The World Bank has approved a $1.57 billion financing package for Nigeria to support its health and education sectors and…
Nigeria Blocks Shell’s $1.3bn Sale of Onshore Oil Assets, Approves ExxonMobil Deal
Nigeria has rejected Shell’s proposed $1.3 billion sale of its onshore oil production unit to Renaissance Africa Energy, citing regulatory…