Business

CBN OMO Sales Surge Over Fivefold To N18.79trn In Q1 2026

Central Bank of Nigeria ,CBN, ramped up its Open Market Operations ,OMO, sales to N18.79 trillion in the first quarter of 2026, marking a 426% increase from N3.57 trillion recorded in the same period of 2025.

FG, States, LGs Share N2.036trn March Revenue

Federation Account Allocation Committee, FAAC, has shared N2.036 trillion among the federal government, states and local government councils.  The revenue was shared at the April...

REA, Mente Energy Partner To Anchor Clean Energy Future For Industrialisation

Rural Electrification Agency ,REA, in partnership with Mente Energy Limited, has taken a major step toward redefining Nigeria’s clean energy future by signing a strategic Memorandum of Understanding in Abuja, Nigeria.

RMRDC Unveils Second-Generation Database to Boost Investor Confidence

By Joel Ajayi The Raw Materials Research and Development Council (RMRDC) has unveiled its second-generation database knowns as Nigerian Statistical Information System for Products, Raw...

Lagos, Japan  Partner To Unlock Investment In Wastewater Management Value Chain

Lagos State government is looking to partner with Japan to unlock investment opportunities across the wastewater management value chain.

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