Latest Economy News
FG Clarifies Electricity Tariff Hike, Reaffirms Commitment to Subsidies
The Federal Government has clarified that the current electricity tariffs now cover…
Over 65% of Nigerian households unable to afford healthy meals- NBS
At least 65.8% of Nigerian households were unable to access healthy, nutritious,…
NNPC signs 10-year gas sale, purchase agreement with Dangote refinery
The Nigerian National Petroleum Company (NNPC) Limited has announced that its subsidiary,…
FCCPC Cautions Banks on Violating Customers’ Rights
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a warning…
FG Unveils Plans To De-dollarize Nigerian Economy
The federal government has announced ongoing initiatives to significantly reduce the reliance…
IMF Lowers Nigeria’s Growth Outlook Due to Low Oil Production and Severe Flooding
The International Monetary Fund (IMF) has revised Nigeria's growth prospects downward, citing…
TCN Reports 7th Grid Collapse in 2024
The Transmission Company of Nigeria (TCN) has reported yet another partial grid…
FG proposes 25% tax rate on Nigerians earning N100 million monthly
The Federal Government is considering the implementation of a 25% tax rate…
