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Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
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An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.
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Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.
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CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.
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Shell Contributed $1.09bn in Taxes in 2023

In 2023, Shell Nigeria paid $1.09 billion in taxes and royalties, underscoring its substantial financial contribution to the Nigerian government and its economic development.
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SDP Candidate Urges Shift from Wage Hikes to Social Investments

SDP's Adebayo champions social investments over wage increases, emphasizing a sustainable approach to supporting all citizens.
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Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...
Business

Tinubu’s Missteps: Fuel Import Licenses and Naira Float

Recent proposals by prominent Nigerian politician Bola Tinubu regarding fuel import licenses and floating...
Politics

Obi Criticizes CBN’s Rate Hike, Foresees Economic Woes

Peter Obi slams CBN's decision, predicts job losses and hardship.
News

Naira Hits Record Low on Official Exchange, Nears N1,500/$ Mark

The naira plunges to a new all-time low on the official market, raising concerns over potential economic impacts and market stability.
Business

SERAP Calls for Reduction of National Assembly’s ‘Excessive’ N344.85b Budget

SERAP urges Senate President Akpabio and Speaker Abbas to cut the National Assembly's N344.85 billion budget, advocating for fiscal responsibility in line with Nigeria's economic realitie
News

Nigeria to Send 4000 Skilled Artisans to UAE in Landmark Labor Export Deal

Nigeria set to send 4000 artisans to UAE, marking a significant stride in labor export and economic relations enhancement.
News

Nigeria Bolsters Food Security with Enhanced Wet Season Farming Strategy

In a significant move to bolster food production, Nigeria's Minister of Agriculture and Food...
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
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Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
News

An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.
News

Nigeria warns agency heads of sanctions over inflated contracts

Nigeria's federal government says heads of state-owned enterprises who award inflated contracts outside procurement law will face sanctions, in a new directive from George Akume.
News

Lagos police rescue three girls from suspected trafficking in Badagry, hunt for traffickers

A routine patrol in Badagry stopped a motorcycle carrying three girls who police say are trafficking victims, and officers are now hunting the suspected traffickers.