Economy

The Naira on Wednesday appreciated to N1,575 per dollar in the parallel market from N1,585 per dollar on Monday. However, the Naira depreciated to N1,535 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the…
Read More...

The National President General of Nigeria Union of Local Government Employees (NULGE), Mr. Akeem Ambali has emphasized the importance of preserving the legacy of NULGE's founding fathers Comrade Ambali stated this during the official…
Read More...

About N1.7 trillion in revenue by the Federal Account Allocation Committee (FAAC) has been shared by the federal, state and local governments in February 2025. A statement by the Director (Press and Public Relations), Bawa Mokwa on…
Read More...

Aliko Dangote, the President of the Dangote Group, has accused former Governor of Ogun State, Senator Ibikunle Amosun, of demolishing his cement plant twice during his administration Dangote made the allegation during his meeting with…
Read More...

The Independent Petroleum Marketers Association of Nigeria has refuted claims that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery and the Nigerian National Petroleum Corporation Limited. A…
Read More...

The House of Representatives, on Thursday, approved a new Value Added Tax sharing formula, allocating 55% to states and 35% to local government councils. This decision followed the adoption of a report by the House Committee on Finance…
Read More...

The Oyo State government has trained over 80 enforcement officers and other relevant law enforcement agencies on the best legal framework and the psychology of law enforcement under some new laws introduced by the Governor Seyi Makinde-led…
Read More...

A total sum of ₦ 1.703 trillion, being January 2025 Federation Account Revenue, has been shared with the Federal Government, states, and local government Councils. This is according to a statement on Thursday by the Director of Press and…
Read More...

The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦890 to N825 per litre, effective from 27th February 2025. The slash in price by…
Read More...

Guaranty Trust Bank (GTBank) has once again demonstrated its knack for innovation and customer-centric solutions, solidifying its place as a leader in Nigeria’s banking sector. While the industry faces challenges from fluctuating economic…
Read More...