BUSINESS
After Lagos Stampede, Customs Suspends Food Distribution
The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the weekend over...
UAE Extends Grace Period For Residency Visa Violators
Federal Authority for Identity and Citizenship extends the period of exemption for being fined until December 31 The UAE on Tuesday announced an extension to...
Nigeria’s Forex Inflows Drop 18% To $48.1bn As Diaspora Remittances Fall 15.7% — CBN
Nigeria’s total foreign exchange inflow declined by 18.3 per cent year-on-year (YoY) to $48.1 billion in the first nine months of 2025, compared to...
Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos
Residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400...
Togo, Benin Yet To Remit $14m Electricity Bill Owed To Nigeria — FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the...
CBN Raises Interest Rate To 27.65%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 27.65 percent. The hike in the Monetary...
FG To Restructure FIRS, Mulls New Name
The Minister of Finance, Budget and Economic Planning, Zainab Ahmed, has disclosed plans to restructure the Federal Inland Revenue Service (FIRS). The minister while appearing...
“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the...
How Orji Kalu’s N3m Loan Revived My Hope, Made Me A Millionaire — Chijioke Mba
Interest-free loans disbursed to Nigerians by the Senator representing Abia North, Dr. Orji Uzor Kalu through his foundation, Orji Uzor Kalu Foundation is yielding...
FG Considers Direct Flight To Pakistan
The Federal Government is working out modalities to begin direct air services to Pakistan, in its efforts to boost trade volume between both nations...
