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Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...
News

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...
Business

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
News

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.
News

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.
News

Insecurity Hampers Nigeria’s Economic Development Across Key Sectors

Insecurity disrupts Nigeria's economic development, weakening key sectors like agriculture, oil, and foreign investment, and requires multi-level solutions.
Business

World Bank Forecasts Nigeria’s Revenue-to-GDP Ratio to Surpass 10.5%

The World Bank projects Nigeria’s revenue-to-GDP ratio to exceed 10.5% in 2024, while the government tackles inflation with agriculture-focused initiatives
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Nigeria Unveils Plan to Tackle Inflation, Boost Jobs

Nigeria’s finance minister introduces economic reforms focused on reducing inflation, creating jobs, and fostering growth in agriculture, housing, and oil sectors.
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Leaders Urge Tinubu to Ease Burden of Fuel Price Hike on Citizens

Nigerian leaders, including Senator Shehu Sani, call on President Tinubu to ease the impact of rising fuel prices on the poor and ensure shared sacrifices.
News

Why Cement Prices Are Skyrocketing in Nigeria

BUA Cement's AbdulSamad Rabiu explains the rise in cement prices in Nigeria, citing dealer practices and economic challenges as key factors.
News

Nigeria’s Rusty FX Market Struggles to Rebound

Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.
Business

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
Business

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.
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News

Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...
News

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...
News

NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.
News

Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...