Economy

  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...

By Deborah Coker The value of naira has witnessed downward trend in the recent years. How this trend would be...

Emefiele In More Trouble As FG Amends Fraud Charges Embattled former Governor of the Central Bank of Nigeria, CBN, Godwin...

By Omonu YG Nelson Davos, Switzerland – Nigeria's robust business climate is resonating loud and clear at the 54th World...

Nigeria's headline inflation rose from 28.20% in November to 28.92% in December, the National Bureau of Statistics (NBS) has said....

The Nigerian Government through the Ministry of Budget and Economic Planning has admitted that it had not been taking the...

Accra, Ghana: Ghana's beleaguered economy is set for a much-needed shot in the arm with $1.15 billion in funding expected...

By Omonu YG Nelson Nigeria, a vibrant nation bursting with potential, often finds itself grappling with challenges that seem deeply...

Emmanuel Awari-Jalingo Taraba State Governor, Dr. Kefas Agbu, has officially signed the 2024 appropriation bill of N313,388,525,661:56BN into law, marking...

The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank...

By Omonu YG Nelson Abuja, Nigeria – November 29, 2023 – President Bola Tinubu today presented the 2024 Budget of...