Economy

The Nigerian government has announced its plan to start paying off N130 billion in gas supply debts within the Nigerian...

Economy

Emirates Returns to Nigeria: Daily Flights Between Lagos and Dubai Resume on October 1st, Rekindling Connections and Opportunities

There has been no update from the United Arab Emirates (UAE) regarding the visa ban that was previously placed on...

Economy

More property owners might end up renting as 80% of the buildings in Ibeju Lekki are not approved -Olumide

A large number of individuals currently identifying themselves as property owners in Lagos, particularly those who have constructed houses in...

Economy

Telecommunication companies report a loss of N27 billion due to damaged fiber-optic cables

The telecom industry in Nigeria incurred an estimated cost of nearly N27bn ($23m) in 2023 due to cable damages, leading...

Economy

Food Prices Soar Amidst 33.69% Inflation: Imported Goods Hit Hardest, NBS Reports Alarming Increase

The average cost of imported food items in Nigeria increased to a record high of 34% between April 2023 and...

Economy

Some manufacturers allocate a higher budget to security expenses than to taxes —Man DG

According to Segun Ajayi-Kadir, the Director-General of the Manufacturers Association of Nigeria (MAN), the high level of insecurity in the...

Economy

Emefiele Denies EFCC’s Fresh Charges Over Unlawful Naira Printing

Former Governor, of Central Bank of Nigeria (CBN), Godwin Emefiele, facing charges of illegally printing Naira Notes during his time...

Economy

CNG Vehicle Owners Rejoice as Marketers Activating Gas Pumps: Alternative Fuel Options Expand Amidst Increasing Demand

The Federal Government has finalized arrangements to ensure that fuel marketers install Compressed Natural Gas (CNG) Pumps at filling stations...

Economy

Naira Drops to NGN 1,520 Against Dollar as EFCC Cracks Down on Currency Speculators

Economic and Financial Crimes Commission officials have broadened their crackdown on Bureau De Change operators, apprehending traders in Abuja, Lagos,...

Economy

PoS Operators Gear Up for Legal Battle Against CAC’s Registration Order