Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …
BusinessEconomyEnergyMarketsOil & GasPolitics
Category:
Economy
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BusinessEconomyFinance & ServicesInnovationNigeriaTechnology
MyTax Nigeria Launches Free Web App to Tackle Gaps in Public Tax
A new web-based platform, MyTax Nigeria, has been launched to help Nigerians—especially workers, freelancers, and small business owners—better understand and manage their tax responsibilities. This comes as discussions around tax …
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Banking, Finance & InvestmentEconomyMarketsNewsNigeriaPoliciesTrade and Commerce
Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …
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Banking, Finance & InvestmentBusinessEconomyMarketsNigeria
Nine Nigerian Banks Spend N1.9tn on Interest in Q1 2025
Nine major Nigerian banks collectively spent N1.90 trillion on interest expenses in the first quarter of 2025, representing a sharp 43.2 per cent increase from the N1.33 trillion recorded during …
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BusinessDevelopmentEconomyEventsGOVERNMENTManufacturingNewsNigeriaPoliciesTrade and Commerce
FG Backs West Africa Industrial Summit, Pledges Support for Regional Manufacturing Growth
The Federal Government of Nigeria has announced its full support for the upcoming West Africa Industrialisation, Manufacturing and Trade (IMT) Summit and Exhibition, set to hold in Lagos from October …
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The Cocoa Association of Nigeria (CAN) has raised concerns over the worsening state of the cocoa processing industry in the country, blaming high production costs, poor funding, and overtaxation for …
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AFRICA NEWSEconomyEducationEnvironmentHealthcareHospitalNigeria
Edo Faces Diphtheria Surge Know the Symptoms and Risks
Edo State faces a surge in suspected diphtheria cases. This past week, two lives were lost at the University of Benin Teaching Hospital (UBTH). Reports indicate UBTH is now overwhelmed …
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AfricaDevelopmentEconomyEnergyEnvironmentOil & GasPolicies
Africa Must Unite to Develop Gas Resources, Says Minister Ekperikpe Ekpo
Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called on African countries to unite and form a strong regional partnership to develop the continent’s vast natural gas …
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AfricaAFRICA NEWSDevelopmentEconomyInfrastructureNewsWestern Africa
President Barrow Launches Phase Three of Road Project in Gambia
BANJUL, THE GAMBIA – President Adama Barrow has announced the commencement of Phase Three of his administration’s massive national road infrastructure transformation project, promising to enhance connectivity, reduce flooding, and …
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EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …