Economy

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has been accused of undermining the economic policy of the President Bola Tinubu-led government.The allegation was levelled…
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By William Emmanuel UkpojuPresident Bola Tinubu has dismissed concerns about manipulation by special interest groups in the ongoing economic reforms, stating that his campaign was self-funded and free from external influence.…
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By William Emmanuel UkpojuPresident Bola Tinubu has assured citizens that Nigeria's economy is on a gradual but steady path of recovery. He made this statement during a meeting with traditional rulers at the State House on…
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The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has explained the effect of the latest interest rate by the Central Bank of Nigeria (CBN) on Nigerians. The economist was a guest on Channels…
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Two senior officials of the Federal Government on Monday defended the move by the present administration to tax profits by banks arising from foreign exchange transactions.The Federal Government’s move on one-off tax is contained…
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President Tinubu By: Saidu Ahmed "Ultimately, leadership is about the strength of one’s convictions, the ability to endure the punches, and the energy to promote an idea" -Benazir BhuttoBalance of power, devolution of power,…
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The House of Representatives is set to amend the 2024 Appropriation Act to approve an additional N6.2 trillion for unspecified capital projects.The proposed amendment, detailed in a bill sponsored by the Majority Leader, Hon.…
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*The Minister of Women Affairs, Uju Kennedy-Ohanenye, on Monday, declared that there is no big deal in spending ₦1.5m to fuel six cars for an official journey to Anambra StateAccording to her, everyone knows how much petrol costs…
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The Central Bank of Nigeria (CBN) has resumed sales of foreign exchange to Bureau De Change (BDC) operators, ending a four-month suspension.On Friday, July 12, 2024, the apex bank sold $122.67 million to 46 authorized dealers,…
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The National Bureau of Statistics (NBS) has reported that Nigerian public officials received N721 billion in bribes in 2023.This is presented in the “Corruption in Nigeria: Patterns and Trends” report, which was based on a survey…
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