Economy

Minimum wage: Labour demands N497k, FG, OPS offers N57k

The ongoing discussions about Nigeria's new national minimum wage have reached another deadlock. The…

Nigeria needs $10b yearly to meet 2030 development goals – UK

The United Kingdom government says Nigeria needs $10 billion in financing every year to…

Labour union to attend talks over minimum wage

The Organised Labour has agreed to attend the negotiation meeting of the Tripartite Committee…

Nigeria won’t need to import petrol from June – Dangote

Africa's richest man and Chairman of Dangote Group, Aliko Dangote, has announced that starting…

Senate halts debate on electricity tariff hike

The Senate halted a debate on a proposed increase in electricity tariffs. This decision…

Kogi, Kwara, Ondo have highest food prices – NBS

As Nigerians grapple with escalating hardships, a recent report from the National Bureau of…

Tinubu suspends controversial cybersecurity levy

President Bola Tinubu has officially suspended the controversial 0.5% cybersecurity levy on electronic banking…

FG eyes tax relief for 95% small businesses – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has…

IMF urges FG to end electricity subsidies

The International Monetary Fund has advised the Nigerian government to eliminate implicit fuel and…

Tinubu announces plans for local solar panel, EV battery production

President Bola Tinubu has lauded the inauguration of Nigeria’s largest lithium processing plant in…

CBN suspends charges on cash deposits until September 30

The Central Bank of Nigeria has announced the suspension of charges on cash deposits…

EFCC arrests BDC operators as naira drops to N1,416/$

The Economic and Financial Crimes Commission reportedly apprehended several Bureau De Change  operators during…

Nigerians to pay 0.5% cybersecurity levy on bank transactions

Banks in Nigeria will soon introduce a 0.5% cybersecurity levy on electronic transactions, as…

FG to increase mining license fees, charges

The Federal Government has announced its intention to raise mining license fees and other…

Nigeria needs $2bn to revive Ajaokuta Steel – Minister

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