Economy

Pay $72.5m fine to FIRS, court orders MTN

The Tax Appeal Tribunal in Lagos has issued an order for MTN Nigeria Communications…

CACOL cautions FG on rising debt profile

The Centre for Anti-Corruption and Open Leadership, a civil society organization, has issued a…

S’Africa to displace Nigeria as Africa’s biggest economy in 2024 – IMF

The International Monetary Fund has forecast that South Africa will overtake Nigeria as Africa's…

FG proposes over N26tn budget for 2024

The Federal Government has put forward a budget proposal of N26.01 trillion for the…

Rail tracks not marketplace, Sanwo-Olu warns Lagos residents

The Governor of Lagos State, Babajide Sanwo-Olu, has cautioned residents against engaging in any…

Petrol scarcity looms as stations shut down in Lagos, others

Petrol scarcity looms as stations shut down in Lagos, othersPetrol scarcity has returned to…

Oil production hits 1.7 million barrels/day

Nigeria's oil production has climbed from 1.1 million barrels per day in August 2023…

Tinubu removes FCT from treasury single account

President Bola Tinubu has removed the Federal Capital Territory Administration from the Treasury Single…

CBN lifts ban on 43 items after eight years

The Central Bank of Nigeria has lifted the foreign exchange restrictions placed on 43…

Naira trades at N1,040/$ in parallel market

The value of the Nigerian naira hit a new historic low in the parallel…

Inflation to slow Nigeria’s economic growth – IMF

The International Monetary Fund has sounded the alarm regarding the adverse effects of high…

FG borrowed $1.21bn in Q1 2023 – Report

Nigeria's capital imports declined by 30.42% annually in the first half of 2023, from…

Stop depending on FG, deputy speaker tells states

The Deputy Speaker of the House of Representatives, Benjamin Kalu, has condemned Nigeria's reliance…

Germany-Nigeria trade hits €3bn in 2022

Germany's trade with Nigeria hit the €3 billion mark in 2022, up from €2…

Why Tinubu’s US Varsity certificate shows female – lawyer

A lawyer representing President Bola Tinubu in his Chicago State University saga, Wole Afolabi,…