Crude oil accounted for 56.14% of Nigeria’s total export in third quarter, generated N12.81 trillion – NBS
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has stated that crude oil accounted…
UPDATE: NDIC begins liquidation of Aso Savings, Union Homes’ assets, payment of depositors
By Nchetachi Chukwuajah The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation process and…
CBN revokes licenses of Aso Savings and Loans Plc, Union Homes Savings and Loans Plc over ‘financial distress ‘
By Desire Emmanuel The Central Bank of Nigeria (CBN) on Tuesday , December 16, revoked…
FG, states, LGs share ₦1.928 trillion as November allocation
By Desire Emmanuel The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.928…
Inflows into federation account increased to N23.06 trillion in 10 months of 2025, says Revenue Allocation Commission
By Nchetachi Chukwuajah The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has stated that inflows…
Inflation rate eased to 14.45% in November, but food inflation on the increase, says NBS
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has said Nigeria’s headline inflation rate…
Prices of beans, gari, rice, tomatoes, others dropped in October, NBS claims
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) on Friday, December 12, said the…
NNPCL targets over 2 million barrels daily crude oil production in 2026
By Nchetachi Chukwuajah The Nigeria National Petroleum Corporation Limited (NNPCL) has increased its targeted daily…
No respite for Nigerians as cooking gas prices continue to rise
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says the average price of 5…
It’s a great displeasure for me on debt owed 2,000 contractors, says Tinubu
By Nchetachi Chukwuajah President Bola Tinubu has expressed “grave displeasure” over the backlog of debts…
FG projects total revenue of N34.33 trillion in 2026, transmits 2026-2028 MTEF/FSP to National Assembly
By Nchetachi Chukwuajah The Federal Government has projected a total revenue of N34.33 trillion, an…
CBN warns Nigerians against illegal Bureau de Change operators, issues licences to 82
By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) has issued final operating licences to…
FG asks ministries, departments, agencies to stop receiving cash, orders installation of POS terminals within 45 days
By Nchetachi Chukwuajah The Federal Government has prohibited the use of physical cash for the…
Corporate Affairs Commission announces nationwide crackdown on unregistered POS operators from January 1
By Desire Emmanuel The Corporate Affairs Commission (CAC) on Saturday, December 6, issued a public…
Withdrawal limits at ATMs will be N100,000 daily, N500,000 weekly from January, says CBN
By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on…
Average retail price of petrol drops to N1,052.31 per litre in October, says NBS
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has said the average retail price…
Nigeria’s GDP grows by 3.98% in third quarter as services sector contributes largest share
By Nchetachi Chukwuajah Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent in the…
Tinubu approves establishment of committee to oversee implementation of new tax laws
By Nchetachi Chukwuajah President Bola Tinubu has approved the establishment of the National Tax Policy…
AfDB approves $500 million loan for Nigeria to strengthen fiscal, energy reforms
By Nchetachi Chukwuajah The African Development Bank (AfDB) has approved a $500 million loan to…
Prices of beans, gari, maize, tomatoes, beef, rice, others decreased slightly in September, NBS report claims
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has said the prices of beans,…