Economy

China warns US over proposed chip export control legislation

The government of China has issued a warning over newly introduced export control measures…

FG raises allowances, welfare benefits for civil servants

  The Federal Government has approved a sweeping increase in peculiar allowances and other…

NCC orders Telcos to give customers airtime for poor service

  The Nigerian Communications Commission has announced that telecom operators will compensate subscribers for…

Oil slides as markets react to Trump’s Iran ceasefire extension move

Global oil prices and equity markets slipped on Wednesday as investors weighed the uncertain…

Karex to raise condom prices over Iran war

The chief executive of Karex, the world’s largest condom manufacturer, has cautioned that prices…

APC chieftain criticises 2026 budget, raises concerns over borrowing

A former federal lawmaker and chieftain of the All Progressives Congress, Abubakar Yusuf, has…

Atiku slams Tinubu’s economic policies, labels reforms ‘organised hardship’

Former Vice President Atiku Abubakar has criticised Nigeria’s current economic situation, describing it as…

Cow prices hit N2.5 million in Lagos, butchers lament

  The Lagos State Butchers Association has decried the persistent rise in the price…

US renews waiver for Russian oil purchases amid energy market strain

The administration of Donald Trump on Friday reinstated a temporary waiver permitting countries to…

Tinubu signs ₦68.32trn 2026 budget into law

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate…

FG begs airlines to suspend shutdown plan as fuel price jumps 300%

  The Federal Government has appealed to domestic airlines to suspend plans to halt…

Ogun gov approves weekly day off, N10,000 transport allowance for workers

  Ogun State Governor Dapo Abiodun has approved a weekly day off and a…

SEC orders asset freeze of 13 alleged terrorism-financing entities

  The Securities and Exchange Commission has ordered an immediate asset freeze of 13…

Sudan faces hunger crisis as millions survive on one meal daily

A worsening food emergency in Sudan has left millions of people surviving on just…

Dangote refinery shields Nigeria from global energy crisis, says World Bank

  The World Bank has commended the Dangote Group for its foresight in investing…