Economy

  Afe Babalola, a renowned elder statesman and Chancellor of Afe Babalola University, has publicly criticized the Nigerian National Petroleum...

  By Ngozi Nwankwo British High Commissioner visits Ogun and Lagos announces $5m investment to establish first battery recycling facility...

By SUNDAY ABBA, Abuja The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with the original builders...

  In a bid to tackle food insecurity and to stabilise the economy through agricultural development, the Federal Government has...

  National Identity Management Commission, NIMC, has said the number of Nigerians with National Identification Numbers has increased from 107.34...

  By Ngozi Nwankwo The Federal Government has announced that the commencement of petroleum lifting from the Dangote Petroleum Refinery...

  The Nigerian Economic Summit Group has disclosed its resolve to hold it 30th Summit to address all Socioeconomic challenges...

  The Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC) have made progress in their negotiations on in-country...

  By Our Correspondent The Niger Delta Ethnic Nationalities Youth Leaders Council, has called on the Federal Government to revive...

  The Nigerian Electricity Regulatory Commission has imposed a fine of N1.69bn on Abuja Electricity Distribution Company for non-compliance with...

  Innoson Vehicle Manufacturing Company has made history by unveiling Nigeria's first locally produced electric vehicle. According to Cornel Osigwe,...

  The Ogun State Governor, Dapo Abiodun has said the state’s 2025 budget proposal is on track to reach one...

  Nigeria’s maiden foreign-currency domestic bond recorded a subscription of $900 million, overshooting the initial offer size of $500 million....

  The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has disowned reports suggesting an increase...

  Former Vice-President Atiku Abubakar has kicked against the plan by the Federal Government to increase the Valued Added Tax,...

  Socio-Economic Rights and Accountability Project,SERAP, has called on President Bola Tinubu to use his position and “good offices” to...

  By Our Correspondent Nigeria Labour Congress has expressed concern over the present administration's policies, saying that the Goodluck Jonathan...

  In a move that could have far-reaching implications for Western nations' efforts to support Ukraine, Russian airline Volga-Dnepr has...

  The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted Waltersmith Refining and Petrochemical Company Limited an additional...

  Parliamentarians from the Economic Community of West African States (ECOWAS), meeting in Conakry, Guinea, as part of a detached...

  Chinese President Xi Jinping and Nigerian President Bola Tinubu on Tuesday announced the elevation of bilateral relations to a...

  On Tuesday, September 3, 2024, Chinese President Xi Jinping held talks with Nigerian President Tinubu, who was in China...

  Nigerian President Bola Ahmed Tinubu met with Dai Hegen, Chairman of China Railway Construction Corporation (CRCC), in Beijing to...

  The Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced plans to propose legislation to...

The Federation Account Allocation Committee (FAAC) has announced the sharing of a total sum of N1.36 trillion to the three...

By Abasi Ita, Calabar Indications are rife that the the Federal Government and state governors may have endorsed a three-month...

The World Bank has revealed that Nigeria is still repaying a whopping $10.6 billion in loans obtained by former presidents...

Olayinka stressed the importance of managing debt carefully, noting that excessive debt can lead to financial difficulties and negatively impact...

By Abasi Ita, Calabar Governor Umo Eno of Akwa Ibom state has praised the Supreme Court's decision to grant financial...

This amount represents 73% of the N1.95 trillion received by states and 75% of the N1.88 trillion allocated to the...

In a landmark judgment, the Supreme Court has ruled that the federal government must pay allocations directly to local government...

Justice Inyang Ekwo of the Federal High Court delivered the ruling in favour of the Federal Government on Monday, upholding...

A grand total of N1,143.210 billion May 2024 Federation Accounts Revenue has been shared to the Federal Government, States and...

The Presiding Bishop of the Crown of Life Church Bible, House of David, Rt. Rev. (Dr.) Innocent Rubiruka Solomon, has...

By Comr Husseini A. Aloko The royal visit of Ata Igala, His Majesty Mathew Opaluwa Oguche Akpa II, to the...

The forum emphasized the need for a more balanced approach that ensures the costs of security measures are reasonable and...

He said the quest for economic freedom and the strength of the nation’s currency was an ongoing journey. Nwoko also...

"The first batch of 11 staff were first served termination letters. This raised anxiety level amongst the rest. However, about...

SAFE noted that several factors have influenced this growth, including macroeconomic data and expectations regarding the monetary policies of major...

The removal fuel subsidy has continued to reflect on allocations to states and local governments. The Kogi State Government has...