Sub-Saharan African countries have been advised by the International Monetary Fund (IMF) to tackle their fiscal deficits by focusing on eliminating tax exemptions and bolstering domestic...
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it spent nearly N34.47 billion in the past 18 months to combat the persistent issue of...
Yam Prices Surge by 42%, While Rice, Palm Oil, and More Follow Suit
The Nigeria Customs Service (NCS) has joined forces with the Nigerian Ports Authority (NPA) and the Nigerian Export Promotion Council (NEPC) to establish five Export Processing...
The National Bureau of Statistics (NBS) has released a sobering report on the country’s public debt, revealing that each Nigerian citizen now carries a heavy financial...
Expectations soared when oil marketers championed the removal of fuel subsidies and deregulation of Nigeria’s downstream sector. However, months after the removal of subsidies and deregulation,...
Residents of Ogbaru in Anambra State are feeling the pinch of skyrocketing cooking gas prices with a 1kg cylinder now costing a staggering ₦900, leaving many...
The Federal Government has awarded the construction of the Lagos-Calabar Coastal Highway to Hitech Road Construction Company, signifying a monumental step towards enhanced connectivity and economic...
Nigeria‘s trade with the rest of Africa rose by 40.8 percent year-on-year in the first half of 2023 (H1’23), soaring to N1.839 trillion from N1.306 trillion...
According to Nigeria’s Debt Management Office (DMO), total public debt increased by 75% q/q or N38.5trn to N87.4trn at end-June ’23. On a y/y basis, public...
