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Nigeria Economy

EFCC Holds Ex-AGF Malami Over Probe Delays

EFCC holds former AGF Abubakar Malami after he failed to meet bail terms as investigators broaden a high-profile financial-crime probe.

US Lawmaker Urges Global Action on Benue IDP Crisis

A US congressman’s visit to Benue deepens calls for global attention to IDP crisis as camps grapple with rising humanitarian pressures.

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

EFCC Holds Ex-AGF Malami Over Probe Delays

EFCC holds former AGF Abubakar Malami after he failed to meet bail terms as investigators broaden a high-profile financial-crime probe.

US Lawmaker Urges Global Action on Benue IDP Crisis

A US congressman’s visit to Benue deepens calls for global attention to IDP crisis as camps grapple with rising humanitarian pressures.

NNPC Unit Lifts Output to New Production High

NNPC E&P Limited hits a record 355,000 barrels a day, marking a major turnaround powered by field upgrades and improved operations.

Soyinka Raises Alarm Over Security Battalion Around Seyi Tinubu

Wole Soyinka questions the large security escort around Seyi Tinubu and urges the Presidency to rethink the use of state protection.