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, June 12, 2025
Lead-In
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...
FLOOD THREATS: Disaster Looms Over Absence Of Climate-resilient Agriculture
As Nigeria braces for yet another cycle of devastating floods amid growing insecurity across its agricultural regions, experts and stakeholders...
The Dangerous Rise Of Non-state Tax Collectors In Nigeria
In recent years, Nigeria has witnessed the troubling rise of non-state actors involved in tax collection across various sectors of...
Revenue Loss Grips Nigeria, Others Over Oil Price Drop
Oil price drop is bitting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat. A steep...
CVFF: FG Opens $25m Vessel Loan Access For Indigenous Shipping Firms
The federal government has officially launched the long-awaited disbursement process of the Cabotage Vessel Financing Fund (CVFF), offering eligible Nigerian...
