BUSINESS
Rejection Of Electricity Tariff Hike Will Lead To Total Blackout, FG Tells Nigerians
The Minister of Power, Adebayo Adelabu Monday warned that there would be total blackout in the country in the next three months if 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...
Nigeria’s Economy Expands For 14th Straight Month As PMI Rises To 55.7 — CBN
Nigeria’s economic growth momentum continued into the new year, as the nation’s Purchasing Managers Index (PMI) rose to 55.7 points in January 2026, marking...
Dollar To Naira Exchange Rate Today, April 14, 2026
The Nigerian Naira showed signs of marginal recovery in the early trading hours of Tuesday, April 14, 2026, as the foreign exchange market reacted...
Inflation Rises To 16.82% In April 2022 – NBS
The National Bureau of Statistics, NBS, said inflation rate rose to 16.82 percent in April 2022, representing a 0.90 percent rise when compared to 15.92 per cent recorded in March 2022. The bureau also said that the composite food index rose year...
Gov. Sanwo-Olu Presents ₦3trn 2025 Budget To Lagos Assembly
Governor Babajide Sanwo-Olu of Lagos has presented the sum of ₦3.005 trillion before the state House of Assembly as a proposed budget for the...
FG Begins N50 Electronic Levy Deductions On Transactions Via Fintech Platforms
The Federal Government (FG) has commenced the implementation of the N50 Electronic Money Transfer Levy (EMTL) on transactions of ₦10,000 and above conducted through...
FIRS Defends FG’s Borrowing Framework As Legitimate
The Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It...
Old Naira Notes Have Lost Their Legal Tender Status, CBN Declares
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender...
Banks Shift Focus To Services Sector As Industry Credit Declines — CBN Report
Banks in Nigeria are increasingly channeling their lending activities toward the services sector, leaving the industrial sector with a shrinking share of total credit,...
