The Federal Government’s revised import levy on new and used vehicles has taken effect as part of the 2026 Fiscal […]
Continue readingCategory Archives: ECONOMY
FG’s Borrowing Jumps 75.6%; What It Means For Naira And Interest Rates
Fresh data from the Central Bank of Nigeria (CBN) released this week shows something striking. Credit to the Federal Government […]
Continue readingNigeria Still Not Generating Enough Revenue From Tax – Finance Minister, Oyedele
Taiwo Oyedele, minister of finance and coordinating minister of the economy, says Nigeria is still not generating enough revenue from […]
Continue readingFLASH: Again, Dangote Refinery Slashes Fuel Price As Oil Rate Drop To $72 Per Barrel
The Dangote Refinery has reduced the ex-depot price of petrol by ₦50 per litre, adjusting it from ₦1,175 to ₦1,125 […]
Continue readingFG Convenes Emergency Meeting Over Rising Cooking Gas Prices
The Federal Government has convened an emergency stakeholders’ meeting to address the recent increase in Liquefied Petroleum Gas, LPG, prices […]
Continue readingBREAKING: Foreign Reserves Rise To $51.04 Billion, Highest Level In 17 Years
Nigeria’s external reserves climbed to $51.04 billion on June 18, 2026, marking their highest level in about 17 years as […]
Continue readingNigeria’s Foreign Reserves Increase By Over $1 Billion In Two WeeksÂ
Nigeria’s foreign reserves grew by more than $1 billion in the first half of June 2026, continuing the positive trend […]
Continue readingCooking Gas Prices May Crash To N900/kg By End Of 2026 – NALPGAM
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says retail cooking gas prices may fall to between N900 and […]
Continue readingIMF Estimates Naira’s Fair Value At N1,142/$, Says Currency 25.6% Undervalued
The International Monetary Fund (IMF) says the naira remains undervalued by 25.6 percent despite recovering some ground against the US […]
Continue readingFG, States, LGs Share N2.257 Trillion April 2026 Revenue
The Federation Account Allocation Committee, FAAC, shared N2.257 trillion among the Federal Government, states and local councils for April 2026. […]
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