Economy
Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank
Nigeria’s value-added tax (VAT) revenue is expected to maintain an upward trajectory as improving consumer demand and rising price pressures...
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FG, Shipping Firms Deadlocked Over Proposed Tariff Hike
Fresh negotiations between the Federal Government and shipping companies over a proposed increase in shipping tariffs have ended in a...
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Nigeria Imports 61.7m Barrels of US Crude in Two Years Despite Strong Oil Exports
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting...
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CBN, NCC Sign Pact to Combat SIM-Related Fraud and Boost Consumer Protection
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) on Monday signed a Memorandum of Understanding aimed...
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CPPE Urges FG to Cut Import Duties on Renewable Energy Equipment to 5%
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Federal Government to reduce import duties on renewable...
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BOI, RMRDC Partner to Strengthen Agricultural Value Chains and Boost Nigeria’s GDP
The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have signed a strategic partnership agreement...
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Finance Ministry Dismisses Claims of Hidden Spending, Defends FAAC Deductions
Nigeria’s Federal Ministry of Finance has dismissed claims of hidden spending and diversion of federation revenue, describing recent interpretations of...
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Oyetola Highlights 3.6 Million-Tonne Fish Demand as Key Driver of Nigeria’s Blue Economy Growth
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that Nigeria’s annual fish demand of 3.6 million metric...
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Nigeria Not Planning to Borrow From IMF’s Proposed $50bn Support Fund – Edun
Nigeria’s Federal Government has declared that it has no plan to approach the International Monetary Fund (IMF) for financial support...
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Inflation Climbs to 15.38% as LCCI Warns of Renewed Price Pressures in Nigeria
The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the latest inflation data released by the National...
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