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CATEGORY

Economy

2025 Budget: FEC Orders Final Adjustments as Tinubu Presents Wednesday

The Federal Executive Council (FEC) has given the final approval for Nigeria’s 2025 budget proposal, with a planned presentation to the joint session of...

FAAC: FG, States, LGs Share N1.7tn November Revenue

The Federation Accounts Allocation Committee has shared N1.727 trillion among the Federal Government, states, and local government areas for November. This is contained in a...

Old, Redesigned Naira Notes Remain Valid – CBN Clarifies

The Central Bank of Nigeria (CBN) has once again reaffirmed that the old N1000, N500, and N200 banknotes remain valid for use, dispelling ongoing...

Cash Scarcity Bites Harder as Banks Shun CBN Threat

Despite the Central Bank of Nigeria's (CBN) stern directive for Deposit Money Banks (DMBs) to ensure the availability of cash, the cash scarcity continues...

Presidency Highlights 10 Ways Tax Reform Bills Will Boost State Wealth

The Senior Special Assistant to the Presidency on Media and Publicity, Temitope Ajayi, addressed ongoing concerns over the controversial Tax Reform Bills on Wednesday,...

Senate Halts Progress on Tax Reform Bills, Suspends Public Hearing

The Nigerian Senate has suspended action on the controversial tax reform bills currently before it, halting the planned public hearings indefinitely. The decision follows...

Address High Cost of Living – Bishop Akinfenwa Urges FG

The Anglican Bishop of Ibadan Diocese, Most Reverend Joseph Akinfenwa, has called on the federal government to urgently address the soaring cost of living...

Port Harcourt Refinery Finally Commences Production After Multiple Postponements

The long-awaited commencement of fuel production at the Port Harcourt Refinery has finally taken place after several delays, with the Nigerian National Petroleum Company...

Dangote Refinery Reduces Fuel Price to N970/Litre

The Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS), also known as petrol, from N990 per...

Hardship: PDP Governors Urge Tinubu to Review Economic Policies

State governors elected under the Peoples Democratic Party (PDP) have called on President Bola Tinubu to urgently review his administration’s economic policies, citing the...

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