Economy

Nigeria needs $2bn to revive Ajaokuta Steel – Minister

Nigeria's Minister of Steel Development, Shuaib Abubakar, has disclosed that an estimated $2 billion…

FG, workers in agreement on minimum wage increase – Oshiomhole

The Senator representing Edo North, Adams Oshiomhole, has disclosed there is a consensus among…

Naira gains against dollar at official market, trades at N1,390/$

The Naira, saw a positive development on Tuesday, as it gained 2.02% against the…

Why I increased minimum wage to N70,000 – Obaseki

Governor Godwin Obaseki of Edo State has clarified the rationale behind the increase in…

Don’t give tax holidays based on patronage, CITN tells FG

The president of the Chartered Institute of Taxation of Nigeria, Mr. Samuel Agbeluyi, has…

Nigeria-Niger border reopening responsible for rice price reduction — Millers

The Association of Rice Millers has attributed the recent decrease in rice prices across…

FG borrows N3.8trn from CBN in six months

The Federal Government of Nigeria has reportedly borrowed an additional N3.8 trillion from the…

Good tax system will attract foreign investment – CITN

The Chartered Institute of Taxation of Nigeria has emphasized the importance of establishing a…

Port Harcourt refinery to restart operations Dec – Senate

The Senate Ad-Hoc Committee to Investigate the Turnaround Maintenance of Nigeria’s Refineries has disclosed…

Formalise Japa to boost Nigeria’s fx reserves – BDC chief

The recent surge in Nigeria's currency, the Naira, against the United States Dollar has…

Nigeria’s debt repayments behind FX reserves decline – CBN

The Central Bank of Nigeria has provided clarity on the recent significant drop in…

65% businesses may shut down over electricity tariff hike – Group

The Organised Private Sector of Nigeria sounded alarms over a drastic surge in electricity…

Naira nears 1,000/$ at parallel market

The Nigerian naira has shown significant strength against the United States dollar, nearing N1,000/$…

African businesses face 20% increase in cyberattacks – Report

According to a new report by cybersecurity firm Check Point, African businesses experienced a…

FG subsidizes 67% of power production, transmission, distribution – Adelabu

The Minister of Power, Adebayo Adelabu, has disclosed that despite the removal of subsidies…