Economy

NNPC appoints new CFO, VP

The Nigerian National Petroleum Company Limited has made significant leadership changes, appointing key executives…

Minister knocks contractor over poor handling of Abuja-Minna road

Minister knocks contractor over poor handling of Abuja-Minna road Nigeria’s Minister of Works, David…

FG launches centre for real-time tracking of international flights

The Federal Government has opened a new control centre at the Nigeria Immigration Service…

NNPC to stop petrol importation, buy from Dangote refinery

The Nigerian National Petroleum Company Limited has announced it will stop importing petroleum, switching…

Cut interest rates to save business, NACCIMA tells CBN

The President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture,…

Korea offers $10bn aid to Nigeria, others

Korea has announced a $10 billion development aid package for Africa by 2030, with…

Issuing license to importers’ll undermine oil industry growth, refiners tell FG

The Crude Oil Refinery Owners Association of Nigeria has cautioned the Federal Government against…

Imported rice price soars by 114% in one year — Report

The National Bureau of Statistics has reported that the average price of imported high-quality…

Nigerians pay N40bn road taxes in 2023 – NBS

Nigerians paid 63% more in road taxes to state governments in 2023, totaling N40.14…

33m Nigerians could face food crisis in 2025 – Report

A recent Cadre Harmonisé Report has warned that 33.1 million Nigerians might face a…

FG unveils surveillance tech to boost road safety

The Federal Government has introduced advanced surveillance technology to monitor and enhance security on…

FG plans super grid, solar system for North

The Federal Government has disclosed plans to create an independent super grid for each…

FG offers 50% tax relief to encourage companies to raise salaries

The Federal Government of Nigeria has proposed a 50% tax relief for companies that…

IMF denies involvement in Nigeria’s fuel subsidy removal

The International Monetary Fund has stated that it did not influence Nigeria's decision to…

Ogun launches task force to curb high transport fares

The Ogun State government has started a statewide task force to check high transport…