Economy

The Federal Government has waived a total of N97 billion in import duties for essential food items like maize, rice, and sorghum between 2024 and the first quarter of 2025. …

The Nigerian Communications Commission (NCC) and lawmakers at the National Assembly have started the process of reviewing the Nigerian Communications Act (NCA) 2003, which has been the foundation of Nigeria’s …

Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …

There is fresh controversy surrounding Nigeria’s state-owned refineries, as industry experts and oil marketers continue to question the Nigerian National Petroleum Company Limited (NNPCL) over the poor performance of the …

The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a …

Artificial Intelligence (AI) is rapidly changing how work is done across the world, and Nigeria is not left out. As businesses adopt automation, machine learning, and AI tools to help …

The Pension Transitional Arrangement Directorate (PTAD) has reassured pensioners of its strong commitment to solving important issues affecting them, including the payment of the newly approved N32,000 pension increase and …

After almost nine years without paying dividends, UPDC Plc has announced plans to reward its shareholders once again. This move marks a major step in the company’s financial recovery and …

Nigeria’s debt servicing costs rose sharply to N8.9tn in the first nine months of 2024, far exceeding the pro-rata budget of N6.2tn. A new report by Afrinvest revealed that the …

Abbey Mortgage Bank Plc has announced strong financial results for the first quarter of 2025, posting a 68.64 per cent rise in gross earnings to N3.77bn, up from N2.24bn recorded …