Nigeria Spending $25bn On Petrol Importation Yearly – Shettima
Vice-President Kashim Shettima has revealed that Nigeria spends $25 billion per annum on the importation of petroleum products. He said that the importation of fuel...
Nigeria’s Ademola Adeyemi-Bero Appointed As Chairman OPEC Board of Governors
Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr. Ademola Adeyemi-Bero, Nigeria’s Governor for OPEC, as Chairman of...
VAT Revenue Rises 34% To N6.4trn In 9 Months
•As Company Income Tax grows 48% to N7.72trn Nigeria’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) recorded strong growth in the...
NESG Raises Fresh Concern Over Nigeria’s Debt Burden
Fresh concerns have emerged over Nigeria’s debt burden with the outlook for 2026 indicating new borrowings at about N29 trillion. Giving its verdict on the...
Price Increase: After Return Of Fuel Queues In Abuja, Lagos, Nigerians Angry, Apprehensive — IPMAN
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association...
Dollar To Naira Exchange Rate Today, May 11, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 11, 2026, across both the official Nigerian...
NLC Carpets World Bank For Advising FG To Sell Petrol N700 Per Litre
The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol prices to N750 per...
Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS
ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten...
Naira Appreciates To N1,685/$ In Parallel Market
The Naira yesterday appreciated to N1,685 per dollar in the parallel market from N1,695 per dollar on Wednesday Similarly, the naira appreciated to N1,567 per...
Cash Swap: Take Your Old Naira Notes To CBN If legitimate – Bashir Ahmad To Ganduje
Bashir Ahmad, President Muhammadu Buhari's special adviser on digital communication has challenged Governor Abdullahi Umar Ganduje of Kano State, to present his old naira...
