Purchasing Power Falls as FG Slams New Tax Law.
The federal government recently adopted a new tax law that was included in the 2023 Fiscal Policy measures and has…
Nigeria is Ready for Cashless Policy Due to Mobile Transaction Increase.
Economists interpret the recent surge in mobile transaction volumes as a sign that Nigeria is poised for a…
Nigeria, Others Need $7.5 billion to Deepen LPG Usage.
According to the African Refiners and Distributors Association, replacing charcoal with clean cooking gas, also…
Nigerian Oil Production Falls for First Time in Seven Months.
Nigeria's crude oil production fell by 38,102 barrels per day in March, a cumulative monthly loss of about…
FG Advances Biometric Technology to Stop Illegal Mining.
The federal government, through the Ministry of Mines and Steel Development, stressed that collecting biometrics…
NIMC: E-identity is Critical to the Digital Economy.
A strong and secure e-identity system is crucial, according to Aliyu Abubakar, Director-General of the National…
UN Mobilizes N38 Billion for Nigeria’s Agriculture Sector .
In order to enhance Nigeria's agriculture industry from 2023 to 2027, the United Nations will work with the…
Nigeria’s World Bank Borrowing Hits $14.34 Billion In Q1 – Report.
Nigeria's borrowing from the World Bank has reached $14.34 billion as of March 31, 2023. This is up from its…
Guideliness for Contactless Payment Systems will be Released by the CBN.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and…
CBN will Provide Rules for Contactless Payments.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and…
Dangote Announces Date For Commissioning Of Multi-Billion Refineries
On May 22, President Muhammadu Buhari is anticipated in Lagos to officially open the Dangote Refinery.On Sunday,…
Lagos-Ibadan Expressway: FRSC Issues Traffic Alert For Travellers
In response to a traffic accident that occurred on the Lagos-Ibadan expressway on Sunday, the Federal Road Safety…
Housing Shortage Would be Resolved Through National Mortgage Policy –…
Nasir el-Rufai, the governor of Kaduna State, claims that Nigeria needs a supportive mortgage policy to address…
Stakeholders Attribute the Collapse of Buildings on Inadequate Regulations
Stakeholders in the built environment contend that the bulk of the nation's building failures were caused by the…
President Buhari Set to Commission Dangote Refinery.
According to a spokesperson for the president, Nigerian President Muhammadu Buhari will officially open the…
Fuel Prices might Increase by 250% to N8tn when Subsidies are Removed.
According to the latest intelligence and industry data, when the federal government stops subsidizing PMS in June,…
Reps Increase Buhari’s Supplemental Spending to N23.7 trillion.
The Federal Government acquired Ways and Means Advances worth N23,719,703,774,306.90 from the Central Bank of…
HOSCON Aims to Invest US$5 billion in Member States.
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) said that it is aiming to raise $5 billion in…
Access Bank Receives Regulatory Approval to Acquire Angola Company.
The Central Bank of Angola, Banco Nacional de Angola, has given its clearance to Access Bank, the flagship…
Carl Cruz is Appointed as MD and CEO of Airtel Nigeria by Airtel Africa.
Carl Cruz has been appointed as the Managing Director and Chief Executive Officer of Airtel Networks Limited…
Naira Crisis, Elections Impact 2023 Revenue.
The Nigerian Exchanges Group said the recent general election and the Central Bank of Nigeria's rebalancing policy…
Federal Roads: FG Pays State N860 billion in 8 Years.
The federal government has repaid N859.7 billion to various state governments to reimburse the costs of building…
Nigerian Lawmakers Approve $52 billion Central Bank Loan Restructuring.
Nigeria's House of Representatives approved a plan to restructure 23.7 trillion naira ($52 billion) of short-term…
Poverty Alleviation: FG Slates Budget Allotation for geograhic data.
State Budget and Regional Planning Minister Clem Agba announced that the federal government plans to include…
FG Disconnects Discos from National Grid Over Debt.
Millions of electricity consumers could be plunged into darkness in the coming weeks as the federal government,…
Nigeria, Iraq Drag OPEC Output Down.
Oil production by the Organization of the Petroleum Exporting Countries fell in April due to supply delays in…
FG Plans to Build Another Sea Port in 2026 – NPA.
According to the Nigerian Ports Authority, the federal government plans to build another deep-sea port within the…
IMF Warns CBN as eNaira Transactions Hit N1.4m.
Kristalina Georgieva, Managing Director of the International Monetary Fund, has warned of the unpredictable…
Nigeria to Become Top Middle Income Economy By 2050, Says Buhari.
The Nigeria Agenda 2050 was officially unveiled on Wednesday in Abuja, with the statement that its implementation…
Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the…