FG rules out new taxes for fuel and telecom
The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum...
Hydrography vital for Nigeria’s maritime safety, blue economy — Hydrographer
The Hydrographer of the Federation and Chief Executive Officer of the National Hydrographic Agency, Rear Admiral Olumide Fadahunsi, has said modern hydrography remains the...
Dangote Refinery Cuts Petrol Gantry Price By N75 Per Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (petrol) by N75 per litre
In a circular to fuel marketers on Monday,...
Don’t pay taxes into private accounts, Taraba revenue board warns
The Taraba State Internal Revenue Service has warned residents and business owners against paying taxes into private accounts, insisting that all tax payments must...
Nigeria eyes 209,000MW, $11bn solar power projects — Report
Nigeria is targeting a major expansion of its electricity generation capacity, with plans to achieve 209,000 megawatts of power generation by 2050, especially with...
North West govs unveil regional plan to tackle poverty
The North-West Governors’ Forum has convened a high-level policy dialogue in Kano on reducing multidimensional poverty through scaled social protection systems and innovative financing.
The...
Obi faults Tinubu’s revenue claims, says debt, hardship rising
The presidential candidate of the Nigeria Democratic Congress and former Anambra State Governor, Peter Obi, has said that despite reported increases in government revenue...
Nigeria’s foreign debt to hit $72.6bn after 2027 polls – IMF
Nigeria’s public external debt is projected to rise by $20.7bn by 2027, the country’s election year, according to the International Monetary Fund.
The IMF disclosed...
Federal Government admits inflation and insecurity remain major challenges despite ongoing reforms
The Federal Government on Tuesday acknowledged that inflation and insecurity remain major challenges facing Nigerians, even as it defended the economic reforms introduced by...
FG slashes ministers’ monthly imprest allowance to N700,000
The Federal Government has introduced fresh measures aimed at strengthening financial discipline across Ministries, Departments and Agencies by placing new limits on reimbursable imprest...
Nigeria, 59 other economies face new 12.5% US tariff threat
Nigeria has been listed among 60 economies targeted by the United States for allegedly failing to impose and effectively enforce bans on the importation...
Nigeria attracts $10.37bn capital importation in Q1 2026 – NBS
Nigeria attracted $10.37bn in capital importation in the first quarter of 2026, representing an 83.83 per cent increase from the $5.64bn recorded in the...
Private sector faults N100,000 minimum wage proposal
Members of the organised private sector have cautioned against expecting private sector employers to automatically match the N100,000 minimum wage being adopted by some...
FG cancels $717m W’Bank power loan amid blackouts
The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a $1.52bn...
Nigeria Nets $187.3m Amid US Aid Review
The United States has disbursed a total of $187,352,312 in foreign assistance to Nigeria in 2026, according to updated data published on the US...
Economic reforms tough but vital for Nigeria’s progress — Minister
The Minister of Solid Minerals Development, Dele Alake, says the current economic difficulties in Nigeria are painful but part of the necessary transition toward...
2027 election costs could hike prices, MPC cautions
The Governor of the Central Bank of Nigeria and Members of the Monetary Policy Committee have warned that rising political and election-related spending ahead...
Presidential fleet costs reach ₦4.24bn in half-year — Report
The Presidential Air Fleet received at least N4.24bn in disbursements between June and December 2025, the latest updates on GovSpend, a civic technology platform...
Dangote declines NNPC refinery stake expansion
The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase...
NUC, World Bank Sign $65m Deal to Enhance University Governance
The National Universities Commission on Wednesday signed additional $65m performance contracts with Vice-Chancellors of participating universities under the World Bank-backed Sustainable Procurement, Environmental and...