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Nigeria Economy

NEITI Expresses Confidence in Ojulari to Drive Oil Reforms

NEITI backs Ojulari to deliver oil sector reforms, restore transparency, and attract $60 billion in investments for Nigeria’s energy future

Ondo Man Arrested in Death of Neighbor’s Son

Police arrest man in Ondo over neighbor’s son death, sparking outrage and calls for justice in Akure community.

NYSC Members React to Increased Allowance: “₦77K is Barely Enough”

The Federal Government begins disbursing ₦77,000 to NYSC members, but many express concerns that the amount is still insufficient for today’s economy.

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.

CBN: Nigeria’s Economy to Grow by 4.1 Percent in 2025

Reforms demonstrate that Nigeria's economy will generate 4.1% growth with a 15% reduction in inflation according to the CBN.

Dangote Explains Sales Dynamics Following Petrol Price Cut

Dangote cuts petrol price to N899, attributes it to forces of the market and commitment to Nigeria’s economy.

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.

Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.

Dangote Refinery Exports to Other Parts of The World

Dangote refinery exports PMS, diesel to Africa countries and Europe.

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

Oyedele Says No Plan To Outsource Tax Collection To Consultants

Nigeria will not rely on Alpha Bata and other consultants to collect tax, FIRS is capable of doing that, Taiwo Oyedele clarifies.

Tax Reform Bills to Get National Assembly Scrutiny, Public Interest First

Experts agree on the possible pros and cons of proposed tax reform bills but Nigerians can be assured that the National Assembly will thoroughly deliberate on it in the interest of the country.

Latest articles

NEITI Expresses Confidence in Ojulari to Drive Oil Reforms

NEITI backs Ojulari to deliver oil sector reforms, restore transparency, and attract $60 billion in investments for Nigeria’s energy future

Ondo Man Arrested in Death of Neighbor’s Son

Police arrest man in Ondo over neighbor’s son death, sparking outrage and calls for justice in Akure community.

Elumelu’s Heirs Energies Revives OML 17, Eyes 100,000 Barrels Daily

Heirs Energies OML 17 revival boosts oil output, expands local gas supply, and targets 100,000 barrels daily under Tony Elumelu’s leadership.

Opposition Parties Challenge INEC Over Voter Registration Data

Opposition parties question INEC’s voter registration numbers in Osun, warning that credibility is at risk ahead of the 2027 elections.