Economy

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…

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…