Senate Approves N272.47bn Budget for NCC, N15bn for USPF in 2025 Fiscal Year
The Senate on Tuesday approved a total budget of N272.47 billion for the Nigerian Communications Commission (NCC) and N15 billion...
Asian Markets Slip as Trump’s Tariff Threat Sparks Investor Caution
Asian shares posted a modest decline on Wednesday as investors grew wary of risk amid escalating trade tensions triggered by...
Oil Prices Dip Slightly as Tariff Uncertainty Clouds Market Sentiment
Oil prices edged lower on Wednesday, retreating slightly from recent two-week highs as investors digested fresh uncertainties surrounding U.S. tariff...
Tinubu Pledges Increased Funding for Key Sectors to Foster Inclusive Development
President Bola Tinubu has reaffirmed his administration’s commitment to channel adequate funding into critical sectors of the economy to rebuild...
CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down
The Central Bank of Nigeria (CBN) has issued a directive to banks operating under regulatory forbearance to submit a Capital...
Nigeria, Netherlands Begin Renegotiation of Double Taxation Agreement
The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands have officially begun the renegotiation of the Double...
IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms
The International Monetary Fund (IMF) has expressed concern over the lack of a robust social safety net in Nigeria, warning...
CBN Clarifies: No Hidden Charges for BVN; $50 NRBVN Fee Covers Processing for Diaspora Nigerians
The Central Bank of Nigeria (CBN) has clarified that no hidden charges have been introduced to the Bank Verification Number...
Nigeria’s Upstream Sector Meets 77% Domestic Gas Obligation Despite Infrastructure Gaps
Despite persistent infrastructure challenges in Nigeria’s gas sector, the country’s upstream oil and gas segment fulfilled 77% of its Domestic...
Senate Passes Bill Mandating 30% Local Processing of Exported Raw Materials
In a significant policy shift aimed at accelerating industrialisation and enhancing local manufacturing, the Nigerian Senate has passed a bill...
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