Economy
NBS upgrades Nigeria’s tax-to-GDP ratio to 10.86% – NBS
The National Bureau of Statistics, NBS, has announced an upward review of the country’s tax-to-Gross Domestic product, GDP, ratio to...
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Nigeria Air: Reps demand prosecution of principal actors
House of Representatives Committee on Aviation has called for the arrest and prosecution and sanctioning of everyone involved in the controversial unveiling...
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NIMC captures over 100m NINs
The National Identity Management Commission (NIMC) said enrolment figures for National Identity Numbers (NINs) have crossed the 100 million mark....
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FG to consider TUC’ demands and minimum wage review
The spokesperson for the Federal government, Dele Alake, announced that the government will consider the list of demands presented by...
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Weekly Economic Report: Nigeria Ends Fuel Subsidies, UK and China Manufacturing PMIs Weaken,
Last week, the Nigerian National Petroleum Company Limited (NNPCL) announced the end of the country's age-long pump price subsidies for...
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Subsidy: Competition Will Reduce Pump Price – Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari has said market competition will...
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Inflation, hardship weakened Nigerians’ spending in 2022 – NBS
The National Bureau of Statistics has disclosed that household final consumption grew by -12.47 per cent in the fourth quarter...
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Nigeria-Indonesia trade grew to $4.7bn in 2022 – NICC
The Nigerian-Indonesia Chamber of Commerce and Industry has disclosed that the trade balance between Nigeria and Indonesia has increased significantly...
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Manufacturing Purchasing Managers’ Index Rises in May
Nigeria’s manufacturing Purchasing Managers’ Index (PMI), a gauge for manufacturing sentiments, has sustained an upward trajectory as it hits 54.0...
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House Rescinds Decision, Okays Disbursement of $700m Cabotage Vessel Finance Fund
The House of Representatives has backed the planned disbursement of $700 million Cabotage Vessel Finance Fund to individuals and companies....
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