The market’s latest performance reflects sustained investor appetite for fundamentally strong stocks, despite a negative market…
Category: Economy
Nigeria Spent N1.16trn on Fuel Subsidy in 2021 — RMAFC Chairman
Calculating the 13 per cent derivation on revenue remaining after various deductions from total collections was…
Tinubu’s economic reforms moving Nigeria towards industrial growth — IMPI
Inflation had subsequently fallen to 15.91 per cent by June 2026, while international institutions projected economic…
Davido trends online over reported ₦3.4 million restaurant bill
The singer has consistently displayed a willingness to spend on family, friends and associates. However, some…
NCC hands over Digital Industrial Park to Enugu on 15-year lease
The true measure of success will not be the quality of the buildings or equipment, but…
Nigeria’s power sector still struggles despite trillions in intervention funds
Since the privatisation of the power sector, successive administrations have introduced a series of intervention programmes…
Kano government shuts down shop over alleged indecent advertisements
The advertisements violated the cultural values, moral standards and established regulations guiding commercial promotions in the…
FG rules out immediate electricity tariff increase
Nigeria has sustained electricity generation at approximately 5,000 megawatts over the past two weeks, attributing the…
Customs begins implementation of 2026 Fiscal Policy, Tariff Amendments
The amendments would promote domestic industrial development, facilitate legitimate trade, and strengthen the implementation of fiscal…
Tinubu says economic reforms are paying off, security improving
The President has told us several times the economy is turning the corner. We now know…
U.S. imposes new tariffs on Nigerian goods over alleged forced labour concerns
The United States has had a forced labour import ban for nearly a century and rigorously…
FG to train 5,000 installers to bridge electricity metering gap
The Power Force Programme aligns with his ministry’s “One Youth, Two Skills” initiative aimed at equipping…
Reps suspend debate on Bill seeking ban on unbranded, unfortified edible oils
The bill proposed a nationwide ban on the manufacture, importation, distribution and sale of unbranded and…
TSF hails Tinubu as Nigeria’s net Foreign Reserves rise above $40bn
The transformation of Nigeria’s net foreign reserves from approximately $3 billion to over $40 billion is…
TCN, NISO strengthen ties to bolster national grid stability
This collaborative push comes amid structural shifts driven by Nigeria’s electricity market reforms, which demand stricter…
Bristow deploys Africa’s first airbus H160 for Nigeria’s offshore energy operations
L to R: Clement Falayi, Capt. Akinwale Makinde and Capt. Dapo Oyeleke Bristow has remained a…
TMSG hails Tinubu over transportation of gas to Ajaokuta Steel Company
By Moses Okorie To be clear, the Gas supply deal for the steel complex is bound…
Import duty exemptions hit N34trn in 2025 – Customs
The Comptroller-General, Nigeria Customs Service (NCS), Adewale Adeniyi, says the value of Import Duty Exemption Certificate…
FG denies N8tn ‘shadow budget’ claim, says IMF report misleading
Oyedele said the government does not operate a ‘shadow budget’ and that all public expenditures are…
120-tonnes-per-hour asphalt production plant commissioned in Ebonyi by Ayigold
By Eze Victor, Abakaliki Ebonyi State has recorded another milestone in its industrialisation drive with the…
Kwara Polytechnic diversifies revenue source through commercial agriculture
By Kehinde Emmanuel Kwara State Polytechnic, Ilorin, has intensified efforts to diversify its sources of revenue…
CBN tightens oversight, revokes licences of 46 microfinance banks nationwide
The revocation of the licences is part of the Bank’s ongoing efforts to safeguard the stability…
RCCG unveils marketplace fair to boost members’ businesses
The Redeemed Christian Church of God (RCCG), Lagos Province 1, has unveiled the Christian Marketplace Trade…
Group hails disbursement of N128bn mortgage fund to 1,859 families
The Tinubu Media Volunteers (TMV) has applauded the disbursement of N128 billion mortgage fund to 1,859…
Supreme Court dismisses appeal against Providus, Unity Banks’ merger
The Supreme Court on Monday dismissed an appeal seeking the dissolution of the merger between the…
FG reaffirms support for electric vehicle industry growth
The Federal Government has reaffirmed its commitment to supporting the growth of the Electric Vehicle (EV)…
Jigawa secures $2bn investment interest from Chinese investors
By Abdullahi Idris, Dutse Jigawa State has secured a major investment breakthrough as Hefei Shengwen Information…
CIPS launches ‘Great Conversation’ in Nigeria for procurement professionals
By Moses Okorie Mr. Ben Farrell, the Global Chief Executive Officer of Chartered Institute of Procurement…
Fuel subsidy removal funds not enough for infrastructure shortfall – IMPI
By Moses Okorie The Independent Media and Policy initiative ( IMPI) is of the view that…
President Tinubu’s reforms too sound for Atiku to rubbish -TMSG
The Tinubu Media Support Group (TMSG) has said that former Vice President Atiku Abubakar is in…