The federal government’s budget deficit is on track to widen as the electricity subsidy to be incurred this year has more than doubled following last week’s suspension of...
The Nigerian Export Promotion Council (NEPC) has the nation’s non-oil export revenue moderated to $4.5 billion in 2023. According to the council, the value of non-oil...
China is still contending with major challenges from deflation pressures and the property crisis as the year kicks off, with investors underwhelmed so far by policies...
The Nigerian National Petroleum Company Limited (NNPCL) has escalated its efforts against oil theft as 83 illegal refineries and 15 illegal pipeline connections were uncovered in...
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, declared that the Nigerian government is poised to save N8 trillion annually through the...
In a significant move to bolster Nigeria’s electricity generation, the Nigerian Electricity Regulatory Commission (NERC) has issued 13 new licences, targeting an additional 40.9 megawatts (MW)...
Nigeria’s inflation rate jumped 0.72% in December to push annual inflation to 28.92%, the highest in three decades. According to the latest report from the National...
In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual...
The global economic landscape is set to witness a resurgence in trade with a projected rebound of 2.3% in 2024, according to the latest insights from...
The country’s external reserves declined by 10.86% year-on-year, according to the Central Bank of Nigeria (CBN) data. The reserves which stood at $37 billion on the...
