Former presidential candidate and Labour Party leader, Mr Peter Obi, has strongly criticised the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) over its proposal to increase the salaries of political …
Nigerian Economy
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- BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
- DevelopmentEconomyGOVERNMENTInfrastructureNewsTransportation
Kano Government Approves N40.8bn Road Projects to Improve Township Infrastructure
The Kano State Government has awarded contracts worth over N40.8 billion for the construction and rehabilitation of 17 township roads across the metropolitan area of the state. The projects, according …
- BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
- BusinessEconomyMaritimePublic HealthSecurityTrade
Kirikiri Customs Records N89.2bn Revenue in Six Months
The Nigeria Customs Service (NCS) at the Kirikiri Lighter Terminal (KLT) in Lagos has announced that it collected N89.2bn as revenue between January and June 2025. The amount represents a …
- BankingBusinessDevelopmentEconomyFinanceGovernanceWomen Empowerment
CBN Reaffirms Commitment to Women’s Inclusion at WIMBIZ Mentoring Graduation
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has restated the bank’s commitment to supporting women’s financial inclusion and leadership development as part of Nigeria’s wider plan …
- BusinessEconomyFinanceInsuranceINVESTMENT
Tinubu Signs NIIRA 2025 into Law: A Game-Changer for Nigeria’s Insurance Industry
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
- BusinessEconomyGovernanceTaxationTechnology
FIRS Cautions Taxpayers on Hiding Transactions as E-Invoicing System Goes Live
The Federal Inland Revenue Service (FIRS) has warned taxpayers against the temptation of concealing business transactions under the new National E-Invoicing Solution, also known as the Merchant-Buyer Model. The agency …
- BusinessDevelopmentEconomyFinancePolicies
Udeme Ufot Urges Strategic Financing to Unlock Nigeria’s Creative Economy
The Group Managing Director of SO&U, Udeme Ufot, has called for intentional and well-structured financing to serve as a major driver for unlocking Nigeria’s creative economy. Ufot made this appeal …
- EconomyEnergyGOVERNMENTInfrastructureSocial WelfareTaxation
FG Clears N2tn Capital Debt, Promises Faster 2025 Project Funding
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …