The Federal Government has clarified that the proposed five per cent surcharge on petrol and diesel has no immediate commencement date, dispelling speculation that the policy...
A civil society coalition, Mass Action Against Economic Saboteurs (MAAES), has cautioned the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) against endangering national stability...
The Federal Inland Revenue Service (FIRS) has urged world leaders to intensify action against cross-border economic crimes, warning that the rising trend threatens revenue mobilisation, fair...
The federal government has restated its ambition of achieving 10 billion standard cubic feet (SCF) of daily gas production by 2030, reaffirming that ongoing reforms are...
Indigenous contractors owed by the federal government can now heave a sigh of relief, as Finance Minister Wale Edun has confirmed that payments will begin next...
The Nigeria Employers’ Consultative Association (NECA) has applauded the governments of Imo and Ebonyi States for reviewing workers’ minimum wage upward, describing the move as a...
Nigeria and Poland are set to deepen bilateral trade and investment ties with the maiden edition of the Polish–Nigerian Economic Forum, scheduled for September 11, 2025,...
The Presidency has announced that Nigeria is firmly on course to achieve its annual non-oil revenue target, citing the strongest fiscal performance in the country’s recent...
All is set for President Bola Ahmed Tinubu to travel to Nasarawa State to inaugurate a new 6,000-metric-ton lithium processing plant built by Chinese investors, Governor...
President Bola Ahmed Tinubu on Tuesday announced that his administration had surpassed Nigeria’s 2025 revenue targets months ahead of schedule, assuring that the country would no...
The Nigerian Electricity Regulatory Commission (NERC) has convened a meeting with state electricity regulators, distribution companies, and other key players in the power sector to tackle...
The Federal Government has entered into a new Production Sharing Contract (PSC) with French energy giant TotalEnergies and its partner, South Atlantic Petroleum (Sapetro), for two...
Nigerian importers may face higher importation costs in the coming weeks following a fresh $500 surcharge introduced by French shipping company, CMA CGM, on cargo headed...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has named Mr. Andy Odeh and Mrs. Morenike Adewunmi to top leadership positions in its communications and public...
A constitutional lawyer and strong advocate of economic restructuring, Prof. Maxwell Gidado, has warned that Nigeria faces a bleak economic future if it continues to rely...