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FCT-IRS Exceeds ₦250 Billion Tax Revenue Target for 2024

FCT-IRS generated ₦252 billion in 2024, surpassing its target with reforms and future plans focusing on new revenue streams

Court Orders Immediate Restoration of Suspended Edo Council Chairmen

A High Court reinstated Edo’s suspended council chairmen, emphasizing collaboration and democracy in local governance amid political tension.

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Businesses Predict Naira Depreciation In Coming Months — CBN

Nigerian firms predict naira depreciation, according to CBN November survey.

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.

FEC Approves N47.96 Trillion 2025 Budget for National Assembly

FEC approves N47.96 trillion 2025 budget as Tinubu prepares to present it to the National Assembly. Key revenue and oil production targets set

Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts

Imported Petrol Landing Cost Drops to N900 Per Litre

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability

In Five Years, FAAN Remits Over N218bn to Federation Account

For 2020 to 2024, FAAN remits over N218bn to Nigeria's Federation Account and N352.2m in stamp duty payments.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability

Naira Strengthens as Traders Respond to Central Bank FX Policy

The naira gained strength in the parallel market, supported by Central Bank reforms, FX trading upgrades, and trader confidence

Nigeria hits 158 CNG Conversion Centres, targets 1,000 by 2025

With plans to establish 1,000 conversion centres, local manufacturing hubs and mechanic training institutes, Nigeria’s move to compressed natural gas vehicles hits the mark.

Naspers Reports $3.4 Billion in Revenue for H1 2025

Naspers sees 23% revenue growth in 2025, fueled by its e-commerce portfolio, U.S. operations, and AI-driven innovations

Nigeria, France Ink Deal to Transform Solid Minerals Sector

Nigeria and France sign MoU to boost mining sustainability, diversify solid minerals, and promote environmental restoration.

Latest articles

FCT-IRS Exceeds ₦250 Billion Tax Revenue Target for 2024

FCT-IRS generated ₦252 billion in 2024, surpassing its target with reforms and future plans focusing on new revenue streams

Court Orders Immediate Restoration of Suspended Edo Council Chairmen

A High Court reinstated Edo’s suspended council chairmen, emphasizing collaboration and democracy in local governance amid political tension.

How Nigerian Comedians Are Reshaping the Art of Humor

Nigerian comedians are reshaping humor through storytelling, satire, and digital platforms like Netflix, bringing African humor to the global stage

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.