Minister of Foreign Affairs, Yusuf Tuggar, has called for urgent global economic reforms at the G20 Foreign Ministers’ Meeting in Johannesburg, South Africa. Tuggar highlighted the...
Despite a combined refining capacity of 985,000 barrels per day from Nigeria’s three operational refineries, the country’s domestic facilities supply less than 50 per cent of...
The latest treasury bills auction in Nigeria, held on February 19, 2025, attracted a notable N2.41 trillion in subscriptions across the three tenors offered, even though...
Shell has called on indigenous oil and gas companies in Nigeria to priorities capacity building, form strategic partnerships, and comply with industry regulations to enhance local...
The Senate has scheduled a two-day public consultation on President Bola Tinubu’s four tax reform bills, designed to enhance the nation’s tax system. Sen. Sani Musa,...
Industry experts and shareholders have welcomed the Central Bank of Nigeria’s (CBN) decision requiring bank directors with non-performing insider loans to resign. The measure aims to...
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to resign immediately. Insider loans refer to those granted by a bank...
State governments in Nigeria have set a tax revenue target of approximately N3.12tn for the 2025 fiscal year, representing a significant increase from the N2.01tn targeted...
The Federal Government has reiterated its commitment to actively exploring non-oil revenue sources to reduce dependence on crude oil earnings and strengthen the economy. Speaking at...
According to the latest data from the Central Bank of Nigeria (CBN)’s Monthly Economic Report, Nigeria’s consumer credit outstanding surged by 26.29% to N4.42 trillion in...