BUSINESS
We Had To Borrow To Fund Roads, Rail, Power – Buhari
The President, Muhammadu Buhari, on Tuesday, justified the nation’s debt profile, saying his regime needed to borrow to fund critical infrastructure like roads, rail,...
FG May Increase VAT Rate By 2.5% In 2021
Federal Government on Tuesday disclosed that it has spent N7.09 trillion as at the end of the third quarter of 2020 fiscal year, just...
Recapitalisation: 12 Insurance Firms In Tight Corner
•Regulator insists on the deadline •Some insurers consider scaling down As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications...
Come Back Home, Tinubu Begs Nigerians In US
President Bola Tinubu has encouraged Nigerians in the U.S. to rise above failure by having a change of mindset for success in all their...
Logistics Issues Responsible For Fuel Scarcity — NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the...
Naira, Stocks Weakens After Trump’s Military Threat
Nigeria’s financial markets began November 2025 on a sour note as the naira and equities weakened sharply following remarks by United States President Donald...
Osinbajo Praises Uzodimma Over Oguta/Orashi Dredging
Vice President Yemi Osibanjo has lauded the plan to dredge the Oguta/Orashi river as an economic transformation project, describing the effort as a game...
Minimum Wage: FG Sets Up 37-Member Tripartite Committee
The Federal Government on Tuesday inaugurated the 37-man Tripartite Committee on National Minimum Wage. The committee is to recommend a new National Minimum Wage for...
Nigerian Government Slams New Tax On Telephone Calls
The Federal Government has slammed a new tax on phone calls in the nation to fund free healthcare for the Vulnerable Group in Nigeria. This is despite recent moves by telecommunication companies to increase the price of their services as a result of ...
Dangote Refinery Slashes Petrol Price, Sets September 15 For Direct Distribution Initiative [See Prices]
In a move aimed at reducing the cost of fuel for Nigerians, Dangote Refinery has announced a nationwide reduction in its Premium Motor Spirit...
