Economy
States’ External Debt Service Hits N235.58bn in H1 2025
Nigerian states collectively spent about N235.58bn on servicing external debt obligations in the first half of 2025, according to an...
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FIRS Rolls Out E-Invoicing System to Boost Tax Compliance and Transparency
The Federal Inland Revenue Service (FIRS) has officially launched an electronic invoicing solution (e-invoicing) aimed at transforming tax payment processes...
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Kano State Disputes NBS Report on Q1 2025 Foreign Investment Figures
The Kano State Investment Promotion Agency (Kan-Invest) has rejected a National Bureau of Statistics (NBS) report that claimed the state...
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NEITI Report Reveals Kaduna Spent 32% of 2024 Federal Allocations on Debt Servicing
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Kaduna State spent ₦51.2 billion—representing 32...
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FG Backs MSME Clinics to Boost Jobs and Economic Growth — VP Shettima
Vice President Kashim Shettima has reiterated the federal government’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through its...
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Nigeria’s Capital Importation Rises to $5.64bn in Q1 2025, UK Leads Inflows
Nigeria recorded a robust uptick in capital inflows in the first quarter of 2025, with total capital importation rising by...
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FG Reaffirms Commitment to Strengthening Trade, Investment Ties with the United States
The Federal Government has reaffirmed its commitment to deepening trade and investment relations with the United States as part of...
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Federal Government Moves to Revive Nigeria’s Textile Industry with Kaduna Facility Tour
In a renewed push to revive Nigeria’s cotton, textile, and garment (CTG) industry, the Minister of State for Industry, Trade...
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Tinubu Signs Landmark Nigerian Insurance Industry Reform Bill into Law
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill, 2025 into law, marking a significant milestone in...
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Asian Shares Climb on Hopes of Lower U.S. Tariffs for Japanese Carmakers
Asian stocks rose on Wednesday, boosted by optimism that Japan could secure lower U.S. auto tariffs in upcoming negotiations. Japan’s...
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