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,…
Aggregate VAT stood at N2.06 trillion in second quarter of 2025, says NBS
By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) said Nigeria recorded an aggregate Value…
Why CBN retained interest rate at 27% – Cardoso
By Nchetachi Chukwuajah The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…
We sacked Ezra Olubi because of ‘significant negative reputational damage,’ says Paystack
By Nchetachi Chukwuajah Paystack, the Stripe-owned Nigerian fintech, has explained that it sacked its co-founder…
NNPCL records N5.4 trillion profit after tax in 2024, targets N60 billion investments by 2030
By Nchetachi Chukwuajah The Nigerian National Petroleum Company Limited (NNPCL) recorded a profit after tax…
Foreign reserves surge to seven-year high of $46.7 billion, could cover over 10 months of imports, says CBN
By Nchetachi Chukwuajah Nigeria’s foreign reserves surged to $46.7 billion as of November 14, 2025,…