Economy
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Energy transition: Nigeria needs $410bn as REA backs local solar firm
LAGOS—The Managing Director of Rural Electrification Agency, REA, Engr. Abba Aliyu, has said Nigeria needed approximately $410 billion to achieve…
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FG indicts employers on abuse of expatriate quota
Not long ago, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, accused a Lagos-based oil company of employing…
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Tax reform bill’ll curb poverty, empower Nigerians – Presidency
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says the Tax Reform Bill will curb…
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Naira down to N1,620/$ in parallel market
The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on Tuesday. But,…
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Again, Dangote Refinery reduces petrol price by 3.5% to N835 per litre
In a significant development, Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit…
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$1 trn economy: Anaba charges banks to prioritise real-sector lending
Editor of Vanguard Newspaper, Eze Anaba, has charged Deposit Money Banks (DMBs) to prioritise lending to the real sectors of…
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Naira rises to N1,618/$ in parallel market
The naira yesterday appreciated to N1, 618 per dollar in the parallel market from N1,620 per dollar on Monday. But,…
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Fitch upgrades Nigeria’s credit outlook, citing policy reforms, economic stabilization
Global credit rating agency Fitch has revised Nigeria’s long-term foreign-currency issuer default rating (IDR) outlook from Negative to Stable, upgrading the country’s rating…
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Global Tariff War: FG will review impact on Nigeria — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said that the Federal Government will review…
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Alliance of Sahel States: 0.5% tariff ‘ll affect businesses in Nigeria, Niger – Traders
Some traders in Mai’adua Local Government Area of Katsina State on Thursday decried the 0.5 per cent additional tariff imposed…
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