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IGR of states, FCT rises 41% to N5.15trn

By Elizabeth Adegbesan Internally Generated Revenue, IGR, for the 36 states of the federation and the Federal Capital Territory, FCT, rose by 40.93 percent year-on-year (YoY) to N5.15 trillion in 2025 from N3.65 trillion in 2024. The National Bureau of Statistics, NBS, disclosed this yesterday in its IGR report for 2025, noting that Lagos State […]

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Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]

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Ship owners urge Dangote, others to back indigenous shipping with cargo deals

By Providence Ayanfeoluwa Indigenous ship-owners have called on major cargo owners, particularly Dangote Group, to support Nigerian fleet development through long-term Contracts of Affreightment (CoAs).  Former President of the African Ship-owners Association (ASA), Nigerian chapter, Capt. Ladi Olubowale, made the call at a Public-Private Dialogue with Chief Executives, organised by the Nigerian Chamber of Shipping […]

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