Economy
FG Revokes 1,633 Mining Licences, Pledges Sector Sanitization
The Ministry of Solid Minerals Development, representing the Federal Government, has taken decisive action by revoking 1,633 mineral titles previously...
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FIRS Directs Foreign Shippers to Adhere to Tax Laws to Boost Revenue
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has issued a directive to foreign shipping companies, urging...
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House Approves 2024-2026 MTEF, Pegs Oil Price at $73.96, Exchange Rate at N700
The House of Representatives has given its approval to the 2024-2026 Medium-term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP),...
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FG Reports Revenue Surge from NGN650 Million to Over NGN1 Trillion Monthly After Fuel Subsidy Removal
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has revealed that the Federation Account has...
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FG Blames Forex Scarcity on low export earnings, Plans Further Economic Diversification
In response to the persistent foreign exchange scarcity in the Country, the Federal Government has attributed the issue to the...
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Nigeria’s Inflation Hits 27.33% in October, Prompting Urgent Calls for Economic Reforms
The Lagos State Chamber of Commerce and Industry (LCCI) has stressed the need for the Federal government to address challenges...
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Manufacturers Association of Nigeria Urges CBN to Reconsider Price Verification Portal
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reconsider its recently introduced...
Read moreFG Faces Potential N183 Billion Loss from 25 Unsuccessful Concessions
The Federal Government is at risk of losing investments totaling N183.3 billion as a result of failed contractual agreements involving...
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Nigeria Extractive Industries Transparency Initiative (NEITI) Reports N14.4 Trillion Revenue from Extractive Sector
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that revenue-generating agencies of the Federal government remitted a total of...
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Bank of Industry (BOI) Secures €100 Million from French Development Agency (AFD) to Boost Green Finance in Nigeria
The Bank of Industry (BOI) has successfully secured a credit line of €100 million from the French Development Agency (AFD)...
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