The House of Representatives is set for a heated debate this week over President Bola Tinubu’s request for a $2.2bn (N1.77tn) loan to fund the […]
Category: Economy
Economy
Sunday Dare Accuses Obasanjo of Damaging Democracy, Defends Tinubu’s Reforms
The Special Adviser to President Bola Tinubu on Public Communication and Orientation, Sunday Dare, has launched a scathing critique of former President Olusegun Obasanjo, accusing […]
FG Personnel Spending to Surge by 60% in 2025 Amid Minimum Wage Implementation
The Federal Government’s expenditure on personnel costs is set to increase by at least 60% in 2025, driven by the implementation of the new national […]
FG, Borno State Collaborate to Upgrade Muhammadu Buhari Airport for International Operations
The Federal Government and Borno State have partnered to upgrade the General Muhammadu Buhari International Airport, Maiduguri, to international standards, with full operations set to […]
Edo Governor Suspends Revenue Collection in Motor Parks, Orders Immediate Compliance
Governor Monday Okpebholo of Edo State has ordered an indefinite suspension of all state revenue collections, particularly in motor parks. This decision, announced in a […]
NNPC Halts Fuel Imports, Sourcing Supply Exclusively from Local Refineries
The Nigerian National Petroleum Company (NNPC) Limited has officially ceased importing refined petroleum products, according to Mele Kyari, NNPC’s Group Chief Executive Officer. Speaking at […]
NLC Orders Indefinite Strike in Non-Compliant States Over N70,000 Minimum Wage Implementation Starting December 1
The Nigeria Labour Congress (NLC) has directed state councils to initiate an indefinite strike on December 1, 2024, in states where the N70,000 minimum wage […]
President Tinubu and UN Team to Attend Anambra State Business Summit Led by Governor Soludo
President Bola Tinubu, a high-level delegation from the United Nations, and prominent bank CEOs are set to attend the second edition of the Anambra State […]
PETROAN to Offer Cheaper Petrol Through Imports, Pushes for Market Competition Amid Dangote Refinery Allegations
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) announced plans to import premium motor spirit (PMS), or petrol, at a price lower than […]
Nigeria’s Economy on the Brink of Investment Surge, Says Finance Minister Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has declared that the country is entering a new era ripe for […]