Inflation is gradually easing and foreign reserves improved as the Central Bank of Nigeria (CBN) said Nigeria’s foreign reserves rose to $39.12 billion as of 11th Oct 2024, a 12.74 …
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Sacked workers from Mobil Producing Nigeria, Unlimited staged a protest in Akwa Ibom, over delay to make payments owing for 12 years. Now, the company, which allegedly dismissed the workers …
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The naira has already depreciated 43 percent year to date, according to the World Bank, ranking among the worst performing currencies in Sub-Saharan Africa
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Reports that the UK backed a petition for a Yoruba Nation have been dismissed by the Nigerian government, stating that no official UK entity was involved.
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Nigeria’s debt is now N121.67 trillion, says Afe Babalola, raising alarm. Immediate debt relief measures, economic reforms and prudent governance should be taken immediately, he urges.
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Economic growth and regional connectivity will get a boost with the January 1, 2025 launch of international operations from the Muhammadu Buhari Airport in Maiduguri.
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Despite earlier improvement in food supply, fuel hikes and naira depreciation will push up inflation to 32.21% in September, analysts predict.
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In the 2024 Tax Bill the Federal Government establishes the instalment-based tax payments, both options allow taxpayers some flexibility and promote compliance.
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Nigeria is being urged by the World Bank to keep its economic reform efforts for the next 10 to 15 years in order to develop in a sustainable way and …
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Nigerians have been reassured by Vice President Kashim Shettima of empathy regarding the economic hardship in the nation, saying reforms are the way to go for the country to stabilise …
