A review of Nigeria’s 2025 Fiscal Appropriation Act reveals that the President Bola Tinubu-led government plans to allocate N1.8 billion for acquiring, renovating, and rehabilitating properties...
By Francesca Hangeior A development financing institution, African Export–Import Bank, Afreximbank, has agreed in principle to collaborate with Nigeria on aircraft financing. Afreximbank, while announcing plans...
The Minister of Communications and Digital Economy, Bosun Tijani, has announced that Nigerians will see an increase of 30-60 percent in the cost of calls, data,...
In a bid to salvage the sum of three billion, seven hundred and forty-three million, one hundred fifty-two thousand, five hundred and nine eighty Naira which...
Nigeria’s inflation rate rose to 34.8% in December 2024, up from 34.6% in November, driven by increased demand for goods and services during the festive season....
By Francesca Hangeior Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the just-released January...
The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased on Monday. It was gathered that marketers raised petrol...
NINE Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller Machines (ATMs) during the Yuletide. The...
By Francesca Hangeior Asian and European markets sank Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while...
The prices of refined petroleum products may rise in the coming days following the increase in the cost of Brent, the global benchmark for crude. Crude...
The Nigeria Customs Service, NCS, Murtala Muhammed International Airport Command, says it surpassed its revenue target for 2024, raking in a total of N71.6 billion. The...
By Kayode Sanni-Arewa President Bola Tinubu is expected to leave Nigeria for an international event in Abu Dhabi. He is expected to participate in the 2025...
By Kayode Sanni-Arewa To unveil rebased GDP, Consumer Price Index this month •Proposes 2019 as new GDP base year •Proposes 2024 as base year for inflation...
The Central Bank of Nigeria (CBN) has announced the launch of two specialised accounts, the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account...
TikTok has officially announced plans to cease its operations in the United States by January 19, 2025. “Absent such relief, the Act will take effect on...
A Federal High Court has issued a three-day summons for Olubunmi Tunji-Ojo, the Minister of Interior, and Lateef Fagbemi, SAN, the Attorney-General of the Federation (AGF)....
Being a typically busy day in Accra, due to the inauguration of the President-Elect, John Dramani Mahama, and his vice, Prof Naana Jane Opoku-Agyemang, the traffic...
President Bola Tinubu has initiated extensive outreach to northern elites and the political class in a bid to garner support for the passage of contentious tax...
South-East leaders on Saturday pleaded with President Bola Tinubu, to order for the dismantling of checkpoints and roadblocks in the area, saying that the roadblocks make...
Republican Mike Johnson was returned as speaker of the US House of Representatives on Friday with the crucial backing of incoming president Donald Trump, ending a...