Nigeria Loses $8.8bn Annually To Informal Economy – AfDB
Nigeria loses an estimated $8.8 billion every year due to its large informal economy, the African Development Bank (AfDB) revealed ...
Thursday, January 22, 2026
BDCs Seek Deadline Extension As 90% Miss Recapitalisation
With less than 10 per cent of Bureau De Change (BDC) operators meeting the Central Bank of Nigeria’s (CBN) new ...
Nigeria Exits IATA List Of Countries Blocking Airlines’ Revenues
The International Air Transport Association (IATA) has confirmed the removal of Nigeria from its list of countries withholding international airlines’ ...
FG Moves To Resolve N2trn GenCos’ Legacy Debt
The presidency said internal approvals are currently in progress to resolve the N2 trillion legacy debt owed to electricity generation ...
June Deadline Threatens Revocation Of 40 Marginal Oil Licences
The federal government is set to revoke as many as 40 marginal oil field licences by the end of June ...
Red Flags Over Nigeria’s Endless Borrowing
Nigeria’s appetite for foreign loans is once again drawing alarm, as new data showed the federal government spent a staggering ...
Nigeria’s Minimum Wage Crisis And Declining Quality Of Life
The debate over Nigeria’s minimum wage has re-emerged as both a political and economic flashpoint, highlighting a deeper issue that ...
Fuel Subsidy Removal Saved Nigeria From Bankruptcy
The National Orientation Agency (NOA) has declared that the removal of fuel subsidies by President Bola Tinubu in 2023 has ...
NDLEA Intercepts Illicit Drug Packaged As Green Tea At Lagos Airport
Operatives of the National Drug Law Enforcement Agency (NDLEA) has intercepted no fewer than 66 parcels of Loud, a strong ...
Federal Gov’t Enrolls 59,786 Inmates On NIN Platform
The Federal Government said it has successfully captured 59,786 inmates, representing approximately 74 percent of the total prison population into ...
