Economy

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…

Enugu gov approves N80,000 minimum wage for workers

The Governor of Enugu State, Dr. Peter Mbah, has approved a new minimum wage…

FCCPC blames food hoarders for inflation

The Federal Competition and Consumer Protection Commission has identified hoarding, price fixing, and entrance…

FG bans LPG export amid soaring prices

The Federal Government has banned the export of Liquefied Petroleum Gas, commonly known as…

Dangote refinery now supplying most of Nigeria’s jet fuel – Report

The Dangote Refinery has become the main supplier of jet fuel in Nigeria, just…

CBN allocates N1.73tn for food imports amid inflation 

The Central Bank of Nigeria allocated N1.73 trillion for food imports in the first…

FG urges Nigerians abroad to return home for national development

The Federal Government has called on Nigerians living abroad to return home and contribute…

[ICYMI] NNPC, Chevron discovers major oil in Niger Delta

The NNPC Limited and Chevron Nigeria Limited Joint Venture have announced a major oil…

Cut govt waste, focus on poverty programmes, says W’Bank tells Nigeria

The World Bank has urged Nigeria to cut government waste and focus spending on…