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FG Offers Investors Up to 16.5% on September Savings Bonds
The Federal Government has announced attractive rates of up to 16.541 per cent per annum on its September 2025 savings bonds.
In a circular issued by the Debt Management Office (DMO), subscriptions opened on Monday and will close on…
Nigeria Lost $500m Monthly Running Port Harcourt Refinery – NNPCL Boss
The Group Chief Executive Officer of NNPCL, Bayo Ojulari, has revealed that Nigeria was losing between $300 million and $500 million every month while the Port Harcourt Refinery was operational.
Ojulari disclosed this during a meeting…
Vice President Shettima Seeks Investment in Nigeria’s Geo-Heritage Sites
Vice President Kashim Shettima has reaffirmed the Federal Government’s commitment to unlocking the economic potential of Nigeria’s geo-heritage sites, urging collaboration between the states and development partners.
Shettima gave the…
Ebonyi, Imo Announce New Minimum Wages Above Federal Benchmark
The Ebonyi State Government has increased the minimum wage of its civil and public servants to ₦90,000, while neighbouring Imo State has raised its own to ₦104,000.
The decision in Ebonyi followed an Executive Council meeting held on…
Tinubu Approves Lifetime Salary Benefits for Retired Senior Officers
Senior officers retiring from the rank of Deputy Controller, Comptroller, or Commandant-General will now enjoy lifetime salary benefits under a new policy approved by President Bola Tinubu.
Minister of Interior, Dr Olubunmi Tunji-Ojo,…
NNPC Chief Raises Alarm over Threats, Alleged Plot to Remove Him
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has alleged a plot to remove him from office, citing threats to his life and those of staff members.
Speaking in Abuja on…
US Rate Cuts May Spur Portfolio Inflows into Nigeria’s Fixed-Income Market
Nigeria may attract stronger foreign portfolio inflows into its fixed-income market if the US Federal Reserve proceeds with interest rate cuts, according to analysts.
TIMES OF NIGERIA gathered from BusinessDay that offshore inflows rose…
FG Approves New Medium-Term National Development Plan 2026–2030
The Federal Government has endorsed a fresh Medium-Term National Development Plan (2026–2030), designed to consolidate ongoing reforms and provide policy continuity.
Minister of Budget and Economic Planning, Atiku Bagudu, disclosed the…
Dangote Signs $2.5bn Deal for Ethiopian Fertiliser Plant
Africa’s richest man, Aliko Dangote, has signed a multibillion-dollar deal with the Ethiopian government to build a $2.5 billion fertiliser plant in the country’s eastern Somali region.
TIMES OF NIGERIA gathered that the agreement,…
Nigeria Imposes Six-Month Ban on Raw Shea Nut Exports
President Bola Tinubu has approved a six-month temporary ban on the export of raw shea nuts to curb informal trade, boost local processing, and strengthen the country’s shea industry.
TIMES OF NIGERIA gathered that the ban takes…