Monday, April 27, 2026
Petrol subsidy rises by N58.6bn in one month
The amount spent on fuel subsidy by the Nigerian National Petroleum Corporation increased by N58.6bn within one month, the latest...
Read moreDetailsFresh World Bank loan: Labour attacks FG over $100bn withheld by IOCs
The Nigeria Labour Congress has berated the federal government over an additional loan it was seeking from the World Bank....
Read moreDetailsNigeria loses N5.4tn annually to tax evasion – Fowler
Tunde Fowler, the executive chairman, Federal Inland Revenue Service, on Wednesday said Nigeria loses about $15bn to tax evasion annually....
Read moreDetailsFG decries $9bn Forex leakage through vehicle imports
The federal government has decried the $9 billion spent annually on importation of about 400,000 vehicles into the country. Speaking...
Read moreDetailsInflation rise dampens chances of CBN rates cut before year-end
A spanner has been put in the wheel of expectations of many observers and participants in the Nigerian economy that...
Read moreDetailsSoft-drink tax may cause job losses, hyperinflation –Experts
More Nigerians may lose their jobs and some producers of carbonated drinks will likely close shop as a result of...
Read moreDetailsNigeria needs to reduce fuel subsidy now –IMF
The International Monetary Fund has said Nigeria needs to reduce fuel subsidy at a time when oil prices are low...
Read moreDetailsBears open week as equities down N29bn; but yields rise in money market T-Bills trading
By Omobayo Azeez The equities and treasury bills segments of the Nigerian capital market were both ruled by...
Read moreDetailsSEC in talks with NNPC, NLG, foreign firms to list on NSE
By Omobayo Azeez The Nigerian Stock Exchange may just be few inches away from welcoming more initial public...
Read moreDetails$195m Afreximbank textile, cotton initiative to boost Nigeria’s textile industry
Nigeria, a once African cotton and textile behemoth, may soon bounce back to its former aggregates, perhaps marginal, if the...
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