Amidst President Bola Ahmed Tinubu’s repeated assurances of subsidy removal, it has come to light that the Federal Government disbursed N169.4 billion as subsidy payments in...
The Federal Inland Revenue Service (FIRS) announced that it successfully increased Nigeria’s tax-to-Gross Domestic Product (GDP) ratio from 6.0 percent to 10.86 percent in 2022. The...
Revised Data Shows Modest Slowdown, But ECB Officials Divided on Further Hikes
The global economy is expected to contract in the near time as the uncertainty surrounding rising interest rates and disappointing Chinese recovery continues to weigh on...
The Nigeria Customs Service (NCS) and its counterpart in Benin Republic have taken significant strides towards more efficient and effective customs practices. This collaborative effort aims...
The Acting Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Mr. Adewale Adeniyi, has taken decisive action by removing defaulting banks from the Customs Duty Collection...
Recent data released by the National Bureau of Statistics (NBS) paints a bleak picture for Nigeria’s exports to India, showing a dramatic 61% decline over the...
The World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, has voiced alarm over Nigeria’s exceptionally low levels of public spending, which he contends are among...
The Federal Government has announced an adjustment in the pricing of single-phase and three-phase prepaid electricity meters, with the new rates coming into effect starting September...
Nigeria suffered a substantial loss of approximately N335 million due to oil spills that occurred between January and August 2023, the National Oil Spill Detection and...
