Economy
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Business
Nigeria at 64: We’ve cleared N30tn CBN Ways Means loan – Tinubu
President Bola Ahmed Tinubu on Tuesday announced that his administration had cleared the N30 trillion ways and means loan from…
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Business
VAT rate remains 7.5% – Minister of Finance, Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has refuted the claim that rate for Value-Added…
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Business
Companies to pay $15k to FG for each expatriate hired to work in Nigeria
The federal government has imposed an Expatriate Employment Levy (EEL) on employers who hire foreign workers. Such companies must pay…
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Business
There’s no money anywhere. We are just managing to pay salaries –Minister of Budget
The Federal Government has said it’s facing enormous challenges and revenue deficit in the midst of a growing population.…
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Politics
House of Reps’ 360 members to get brand new official cars in coming weeks -Spokesman
The Spokesperson of the House of Representatives, Hon. Akin Rotimi, has confirmed that the National Assembly bureaucracy was finalizing plans…
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News
President Tinubu’s govt inherited a terrible economic situation – Oshiomhole
Former Governor of Edo State, now a serving senator representing Edo North, Adams Oshiomole has said that the Bola Tinubu…
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Business
Nigeria is facing existential threat – World Bank warns
The World Bank has raised an alarm that Nigeria might be facing an existential threat due to its dwindling economy.…
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Business
Nigeria is broke – Ngige
The Minister of Labour and Employment, Dr. Chris Ngige, says Nigeria is currently broke. The Minister mentioned this while speaking…
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News
Foreign education gulps $378m in five months – CBN
Nigerians spent $378.77 million on foreign education between January and May 2022. This was discovered the Punch after a scrutiny…
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News
FG admits economy is struggling, says Nigeria faces hard times
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has admitted that Nigeria’s economy is struggling. She also stated…
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Business
End current monetary rascality- Governor Obaseki tells FG
Governor Godwin Obaseki of Edo State has advised the Federal Government to stop playing the ostrich and end its ‘current…
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Business
Nigeria records highest inflation in four years
The Consumer Price Index for the month of March, 2021 increased by 18.17 per cent (year-on-year) in March 2021. The…
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Business
Nigeria in huge financial trouble- Obaseki
Edo State Governor, Godwin Obaseki, has raised alarm that Nigeria is in “huge financial trouble” with the way the economy…
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Business
Right pricing of petrol, hike of VAT necessary for govt to perform- Dangote
President of Dangote Group, Alhaji Aliko Dangote, has said that charging the right prices on petroleum products and increasing Value…
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Business
Insecurity worsens Nigeria’s inflation – CBN boss, Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has blamed the country’s rising inflation on insecurity. The apex…
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