The Naira on Monday opened the trading week on a stronger note, appreciating against the dollar at…
Category: Economy
FG to introduce mandatory vehicle recycling fee from 2026
The Federal Government has announced plans to tap into Nigeria’s largely informal vehicle recycling market, projecting…
Dangote commences sale of PMS at N739 in all MRS stations
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily…
Kano governor moves to end over-reliance on federal allocation
Governor Abba Yusuf of Kano State on Saturday declared his administration’s determination to end over-reliance on…
Tinubu nominates successors to Senate as Farouk Ahmed, Gbenga Komolafe resign
By Moses Okorie President Bola Tinubu has asked the Senate to approve the nominations of two…
Delayed Remittance: Customs commences enforcement of penalties against designated banks
By Moses Okorie The Nigeria Customs Service (NCS) said it has commenced enforcement of penalties against…
Tinubunomics winning, the reason why PZ stopped its planned exit from Nigeria – TMSG
By Moses Okorie The Tinubu Media Support Group (TMSG) has said that the success of…
Tinubu’s economic policies drive port boom as NPA cargo throughput hits 33.5m tonnes
…Import-laden containers rise by 33.1% to 268,713 TEUs, from 201,839 TEUs in Q3 2024 The…
Industry expert calls for sack of NMDPRA, NNPC bosses over failing oil sector
….Engr. Jade Olukosi likens NNPC leadership to a car driving without a navigation system and warns…
Over 50 CSOs dismiss corruption allegations against NMDPRA boss Farouk Ahmed
…Accuse Dangote of undermining regulatory independence Over fifty Civil Society Organisations (CSOs) on Monday rose in…
Reps summon Dangote Refinery, NMDPRA over downstream tensions
The House of Representatives Joint Committee on Petroleum Resources has invited Dangote Refinery and the NMDPRA…
Abia government launches electric bus mass transit scheme
Governor Alex Otti of Abia has revealed plans to launch a state-owned electric bus mass transit…
SEC sets 2026 recapitalisation plan
The Securities and Exchange Commission has confirmed plans to begin recapitalisation for all capital market intermediaries…
Kaduna Inland Dry Port records 800 container throughput – NSC
The Nigerian Shippers’ Council (NSC), says cargo activities at the Kaduna Inland Dry Port (KIDP) has…
NEPZA seeks 10-year tax exemption for operators of Special Economic Zones
By Moses Okorie The Nigeria Export Processing Zones Authority (NEPZA) has urged the Federal Government to…
FG reaffirms commitment to fiscal discipline, regulatory clarity
The Federal Government has expressed commitment to ensure strong and effective fiscal discipline and regulatory clarity…
Naira depreciates by 0.1% against dollar
The naira on Monday opened the week with a slight depreciation, trading at N1,448.43 per dollar…
Why investors avoid Nigeria’s rail sector – NRC Boss
Long Payback Period Remains Major Barrier The Managing Director of the Nigerian Railway Corporation (NRC), Dr.…
Coalition warns saboteurs of Dangote Refinery to desist; threatens protest
A coalition of some civil society organizations has issued a seven-day ultimatum on individuals, group or…
15% import duty deferment, ploy to strangulate local industries, coalition alleges
Nigerian Coalition of Civil Society Organisations, NCCSO, has faulted the directive of the federal government’s deferment…
Reps vow tougher scrutiny of development finance institutions
This includes the Bank of Industry (BoI), Bank of Agriculture (BoA), Nigeria Export-Import Bank (NEXIM), Development…
Senate approves Tinubu’s N1.15tn borrowing plan to plug 2025 budget shortfall
The approval followed the adoption of a report by the Senate Committee on Local and Foreign…
United Nigeria begins daily direct flights to Accra
The Ghana Airports Company Ltd. has promised to collaborate with United Nigeria Airlines (UNA) to maintain…
Groups laud FIRS chairman Adedeji’s exceptional leadership, retract corruption allegations
A coalition of nine Civil Society Organisations (CSOs) has tendered a public and unreserved apology to…
NCC hosts maiden digital economy awareness forum on Nov 13
The Nigerian Communications Commission (NCC) is set to host the maiden edition of Digital Awareness and…
FG, Air Peace celebrate arrival of dry-lease Boeing 737-NG
Nigeria’s carrier, Air Peace, has celebrated the arrival of its landmark dry-lease Boeing 737-NG. The arrival…
FEC okays Port Harcourt airport concession, biometric checks at terminals
The Federal Executive Council (FEC) has approved a series of key aviation projects, including the concession…
Nigeria, Ghana explore partnership to fight illicit trade
The Nigeria Customs Service (NCS) and the Ghana Revenue Authority (GRA) have expressed interest in forging…
13 of 17 expected vessels to arrive with petroleum products – NPA
The Nigerian Ports Authority (NPA) says that 17 ships are being expected at Apapa and Tin-Can…
Ebonyi TUC re-elects executive members for 2nd term
The Ebonyi Chapter of the Trade Union Congress (TUC), on Thursday, re-elected its executive members for…