The House of Representatives is considering a constitutional amendment bill aimed at increasing the derivation fund from the current “not […]
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BREAKING: Old 200, 500 And 1000 Naira Will No Longer Be Legal Tender After December 31, 2024
The House of Representatives has asked the Central Bank of Nigeria(CBN) to make available more new notes of N200, N500 […]
Continue readingBREAKING: Nigeria’s Public Debt Hits N134.3 Trillion In Q2 2024
Nigeria’s public debt has reached an all-time high of N134.3 trillion, as of the end of the second quarter of […]
Continue readingFG Bans Exports Of Cooking Gas To Address Skyrocketing PriceÂ
Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), has directed the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Liquefied […]
Continue readingFG Plans 5% Tax On Telecoms Services, OthersÂ
The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part […]
Continue readingBREAKING: FG Declares End Of Fuel, FX Subsidies
The federal government has officially ended fuel and foreign exchange subsidies, Minister of Finance and Coordinating Minister of the Economy […]
Continue readingNaira Among Worst Performing Currencies In 2024 – World Bank
The naira is one of the worst-performing currencies in Sub-Saharan Africa for 2024. According to the latest edition of Africa’s […]
Continue readingJUST-IN: Reps Demand Immediate Petrol, Cooking Gas Price Hike Reversal
The House of Representatives has waded into the increase in the pump price of petroleum products. Moved by the Deputy […]
Continue readingNigeria’s Foreign Reserves Rose To $39 Billion In October – Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose by 12.74 percent to […]
Continue readingMore Hardship Looms As Cooking Gas Price Jumps To All-Time High
As Nigerians grapple with rising fuel costs, Liquefied Petroleum Gas (LPG), commonly used for cooking, has reached an unprecedented N1,500 […]
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