News Room

The Accountant-General of the Federation, Shamsedeen Ogunjimi, has disclosed that Nigeria’s Excess Crude Account (ECA) now holds a balance of $535,823.39 as of August 2025. Ogunjimi, represented by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed the

Nigeria and Brazil have signed a Bilateral Air Service Agreement (BASA) aimed at opening direct flight routes between both countries and deepening economic, cultural, and diplomatic ties. The agreement was concluded on Monday during President Bola Tinubu’s state visit to Brasília, where

By Tamunoemi Briggs – Nigeria’s electricity supply has remained stagnant at around 5,500 megawatts, despite repeated promises to boost generation to at least 6,000MW. This comes as the Nigerian Electricity Regulatory Commission (NERC) officially transferred regulatory oversight of the electricity market in

The Apapa Area Command of the Nigeria Customs Service (NCS) has generated ₦161 billion in revenue within a three-week period using the Unified Customs Management System, popularly known as B’Odogwu. The Customs Area Controller for Apapa Command, Babajide Olomu, disclosed this during

Nigeria’s fiscal and monetary authorities have pledged closer collaboration to strengthen economic stability and boost investor confidence. This followed a strategic meeting on Tuesday at the Central Bank of Nigeria (CBN) headquarters in Abuja, attended by the Minister of Finance and Coordinating