AFREXIMBANK

Nigeria secures additional $925m in oil-backed loan from Afreximbank

African Export-Import Bank, on Thursday, announced an additional disbursement of $925m under the syndicated $3.3bn crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company Limited. Its latest accordion disbursement for Project Gazelle Funding Limited brings the total current funded facility size to $3.175bn. Arranged and coordinated by Afreximbank, the accordion arrangement saw the raising […]

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Armstrong Takang: MOFI’s N100bn Preparation Fund Will Attract Investments Into Nigeria

Armstrong Takang: MOFI’s N100bn Preparation Fund Will Attract Investments Into Nigeria

Armstrong Takang, the Managing Director/CEO of the Ministry Of Finance Incorporated (MOFI) has said that the N100 million naira preparation fund set up by the institution was prepared in a bid to attract investments into different sectors in Nigeria. The MOFI MD said this in an interview with ARISE NEWS on Wednesday, where he spoke […]

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Oukoyede

Anti-corruption fight battle for Nigeria’s soul, says EFCC chairman

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, on Tuesday, said those who steal from Nigeria are both Christians and Muslims regardless of ethnicity. Olukoyede said the fight against corruption is not about religion and tribe, but a battle for the soul of the country, noting that corruption has no colour, tribe […]

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Lil Frosh – To Serve Nigeria ft Davido [mp3 download]

Meet Lil Frosh, a popular Nigerian music sensation and songwriter, bringing us an electrifying tune titled “To Serve Nigeria.” And here’s the exciting part: This passionate composition features the musical prowess of none other than the heavyweight Nigerian superstar and DMW headliner, Davido. To top it off, this incredible track is part of Lil Frosh’s […]

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Nigeria

Nigeria’s credit-rating bounce – The Nation Newspaper

Our Reporter December 14, 2023 Sir: In November, Morgan Stanley made a fetching prognosis on Nigeria’s economic health: It says President Bola Tinubu’s “policy reforms could spur economic growth and the rise of a mass consumer market, with potential opportunities in mobile banking and consumer goods”. Earlier in August, S&P Global Ratings revised the previous […]

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'Oil, gas industrial park will be a game changer'

‘Nigeria will meet 1.7m bpd budget oil benchmark’

Senator Heineken Lokpobiri Our Reporter December 13, 2023 The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has assured that Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). He gave the assurance at a stakeholder’s interactive session on Creating Value and Enabling Investments […]

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Illegal migrants

Libya repatriates 1,000 illegal migrants to Egypt, Nigeria

Libya on Tuesday, repatriated nearly 1,000 migrants from Egypt and Nigeria who had been staying in the North African country illegally. It said 664 Egyptians were to be taken by bus to the Emsaed border post with Egypt, nearly 1,400 kilometres (870 miles) east of Tripoli. General Mohamad Bardaa, who heads the country’s anti-immigration body […]

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Victor Osimhen has been crowned African Footballer of the Year after his goals boosted Napoli to the Serie A title

Victor Osimhen beats Mohamed Salah to African Footballer of the Year award… as Chelsea target becomes first Nigerian since 1999 to claim the prize after firing Napoli to the Serie A title with 26 goals

Victor Osimhen has won the crown after a year of blistering form for Napoli  He helped the club reach the Champions League quarter-finals and win Serie A Chelsea are WRETCHED without the ball and you haven’t got a clue what team will turn up every week – Listen to It’s All Kicking Off By Nick […]

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How To Apply For Presidential Conditional Grant Of 50,000 Naira

The Presidential Conditional Grant Program is currently open. Selected applicants will get a one-time grant of N50,000 to help grow their businesses. The goal of the N50,000.00 (fifty thousand naira) grant is to support one million nano businesses across the 774 local government areas. The grant amount is per beneficiary. The Federal Government will work […]

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JUST IN: Nigeria Air Force Put Up Presidential Jet For Sale

The Nigerian Air Force has listed the Falcon 900B aircraft for sale, inviting interested parties to submit bids for the purchase of the aircraft, which is part of the presidential air fleet. Details about the sale were revealed in a flyer shared on the NAF’s X page late Monday. According to the flier, the aircraft […]

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