ECONOMY

Ahead of President Tinubu's presentation at the National Assembly on Tuesday, 17 December, the 2025 national budget is tipped to be high on funding to service lending as FG's domestic...

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in...

The Naira on Wednesday depreciated to N1,600 per dollar in the parallel market from N1,585 per dollar on Tuesday. It also depreciated to N1,545 per dollar in the official foreign...

The Association of Telecommunications Companies of Nigeria (ATCON) has raised an alarm over ongoing challenges that threaten the sustainability of the telecom industry. Acknowledging that multiple taxations, Right-of-Way (RoW) issues...

Chairman of the presidential committee on tax policy and fiscal reforms, Taiwo Oyedele has clarified that there is no intention to engage Alpha-Beta Consulting or any other consultant for tax...

Governor, of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has appealed to Nigerians against leaving the country as the 'Japa' syndrome mounts - saying that the apex bank...

The Central Bank of Nigeria (CBN) raised the benchmark interest rate, the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent on Tuesday. The CBN governor, Dr...

The Nigerian National Petroleum Company Limited (NNPCL) has concluded plans to commence the lifting of petroleum products from Port Harcourt Refinery. The lifting, which will commence today, Tuesday, November 26,...

Today's Naira depreciated to N1,750 per dollar in the parallel market from N1,745 on Thursday. But the Naira appreciated to N1,652.62 per dollar in the Nigerian Autonomous Foreign Exchange Market,...

The Nigerian National Petroleum Corporation Limited (NNPCL) says it has started selling its latest crude oil grade, the Utapate crude oil blend, to global refiners, six months after exploration commenced....