News

The Federal Inland Revenue Service (FIRS) has missed its oil tax revenue target for the first four months of 2024, N1.69 trillion. The approved 2024 budget set a goal of...

The World Bank has approved a $250 million International Development Association (IDA) credit for Ghana’s Financial Stability Project. This five-year initiative aligns with Ghana’s Financial Sector Strengthening Strategy (FSSS). Enhancing...

ExxonMobil has stated that it is awaiting the Nigerian National Petroleum Company Limited to lift the injunction preventing the sale of its asset to Seplat Energy. The company’s Regional Communications...

The value of Nigeria’s pension funds rose to N19.79tn in April, following a 0.47 per cent decline that it recorded in March. According to the latest figure from the National...

The latest update on metering by the Federal Government has shown that 609,585 electricity consumers were metered in 2023, while the number of unmetered registered power users nationwide stood at...

British Airways has opened its newly renovated lounge at Lagos airport, following a six-month refurbishment. This was made known in a statement sent by British Airways on Friday. According to...

The Minister of Information and National Orientation, Mohammed Idris, has stated that the federal government cannot sustain the N494,000 minimum wage demanded by organized labour for Nigerian workers. He explained...

Africa’s richest man and owner of the $20 billion Dangote Refinery, Aliko Dangote, has highlighted that those who profit from fuel importation are hindering African governments from building refineries. Dangote...

The exchange rate for Nigeria's Customs duties collection has jumped by 23.9%. From May 30th, 2024, it increased from N1,196.6 per USD to N1,482.9/$ in just two days. This rise...

The Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has disclosed that electricity distribution companies have disconnected over 100 manufacturing firms. In an exclusive interview with The PUNCH at...