Finance

FG’s deficit spending falls 29% to N2.83trn in Q1’24

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter of 2024 (Q1’24)   from N3.99 trillion recorded in same period…

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Oyo PDP Seeks Security Probe of Ex-Governor’s Wife Over “War” Remarks

The Oyo State chapter of the Peoples Democratic Party has called on security agencies to…

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Churches Lack Capacity to Detect Fake Anointing Oil, Clerics Tell Regulators

A coalition of senior clergy has called for stronger regulatory oversight of anointing oils, acknowledging…

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UFC Fighter Themba Gorimbo Cuts Ties with Family, Disavows Zimbabwean Identity

Zimbabwe-born UFC fighter Themba Gorimbo, the first from his country to win a fight in…

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UK PM, European Leaders Condemn Trump’s Remarks on NATO Afghanistan Sacrifices

U.K. Prime Minister Keir Starmer has denounced U.S. President Donald Trump’s recent comments dismissing the…

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NNPP Denounces Kano Governor’s Resignation as “Betrayal of Mandate

The New Nigeria Peoples Party (NNPP) has condemned the resignation of Kano State Governor Abba…

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University of Ibadan Reclaims Top Spot in Global Rankings

The University of Ibadan has been ranked Nigeria’s leading higher institution in the latest Times…

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Just for You

“New Tax Law Targets Nigeria’s Richest, Protects the Poor” – Policy Expert

A leading policy expert has moved decisively to quell widespread public anxiety, declaring Nigeria's forthcoming…

Prophet Sam Olu-Alo Urges Unity as Key to Nigeria’s Prosperity in New Year

In a departure from his annual tradition, the Planter of Christ Apostolic Church (CAC), Adamimogo…

NLC Threatens Revolt Over New Tax Laws, Citing Lack of Consultation

The Nigeria Labour Congress has issued a strong warning against the planned implementation of the…

Trump Announces U.S. Military Strikes Against ISIS in Northwest Nigeria

American forces have conducted a “powerful and deadly” strikes against Islamic State (ISIS) militants in…

Lasted Finance

Nigeria must leverage national assets to attract forex inflow — Teriba

Nigeria must levrage on its national assets in order to attract foreign exchange inflows and build huge external reserves needed to…

Presidential tax committee recommends N800/$ Customs duty rate

The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty…

GDP not enough to measure economic growth — AfDB

Dr Akinwumi Adesina, the President of the African Development Bank (AfDB), says an increase in the Gross Domestic Product (GDP)…

EFCC invites Kwankwaso over alleged N2.5bn pension fraud

The Economic and Financial Crime Commission is probing a former Kano State Governor, Rabiu Kwakwanso, over alleged N2.5bn pension fraud.…

Naira appreciates to N1,375/$ in parallel market

The Naira yesterday appreciated in the parallel market to N1,375 per dollar from N1,500 per dollar on Tuesday. But the…

Nigeria’s e-commerce industry estimated to hit $14.92bn by 2029

Nigeria’s e-commerce industry has been forecast to grow at a  compound annual growth rate (CAGR) of 11.82% to $14.92bn in 2029.…

Court orders forfeiture of Emefiele’s $1.4m bribery proceeds

The Federal High Court in Lagos, on Wednesday, ordered the interim forfeiture of $1,426,175.14 linked to former Governor of the…

JUST IN: FG, OPS increase minimum wage offer to N57,000

The new minimum wage negotiation between the organised labour, organised private sector and Federal government took an interesting turn late midnight as the…

Yahaya Bello: Hearing In EFCC Chair’s Motion Against Contempt Proceedings Stalled

Hearing of an ex-parte motion for stay of proceedings filed by EFCC Chairman, Mr Ola Olukoyede, against contempt charge instituted…

Bank customers pay N119bn charges for e-banking services

Customers of eight commercial banks paid N119.3 billion as service charges for electronic business (e-biz) transactions in the first quarter of…