Economy

Inflation rises to 32.70% in September — NBS

Nigeria’s inflation rate has gone up again, reaching 32.70% in September 2024. This is…

Fuel hike: NNPC can’t continue absorbing Nigeria’s losses, says minister

The Minister of Information and National Orientation, Mohammed Idris, has said that the federal…

Labour urges FG not to give workers’ salaries to LG

The Organised Labour, which includes the Nigeria Union of Local Government Employees, the Nigeria…

Marketers, refiners call for details on naira-for-crude deal

Oil marketers and domestic refiners in Nigeria have urged the Federal Government to provide…

Ekiti gov rewards outstanding teachers with N48m

Ekiti State Governor, Biodun Oyebanji, has awarded N47.8 million to exceptional primary and secondary…

FG grants tax exemptions for oil, gas sector

The Federal Government of Nigeria has introduced new tax exemptions to boost the oil…

Nigeria gets fresh $1.57bn loan from World Bank

The World Bank has approved a new financial package of $1.57 billion to support…

Enugu to introduce CNG, unveils energy ministry for affordable transportation

The Enugu State Government is planning to introduce Compressed Natural Gas buses as part…

Direct lifting of product from Dangote will crush pricing – Oil marketers

Oil marketers in Nigeria have promised that petrol prices will fall once they start…

Manufacturers optimistic about Nigeria’s economy – CBN report

Manufacturers in Nigeria are cautiously hopeful about the country’s economic outlook for the coming…

FIRS to introduce e-invoice system to improve tax system

The Federal Inland Revenue Service has announced plans to launch an e-Invoice system as…

Dangote refinery to sell petrol only to NNPCL – FG

The Federal Government has announced that the Nigerian National Petroleum Company Limited will be…

FCCPC seeks help from traders to stop consumer exploitation

The Federal Competition and Consumers’ Protection Commission is asking traders and others involved in…

Stop spending lavishly, if Nigeria is broke, Afenifere chieftain knocks FG

The Chief Economist of Afenifere, Segun Sanni, has called on the Nigerian government to…

Finance minister denies plan to increase VAT

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has…