Naira Among Africa’s Lowest Performing Currencies – World Bank
The World Bank has reported that the Nigerian naira ranks among the worst-performing currencies in sub-Saharan Africa in 2024. In...
Sunday, June 1, 2025
Lead-In
4 Years After: Nigeria’s Decade Of Gas Plan Wobbles
Four years after launching its ambitious “Decade of Gas” initiative, the federal government faces mounting criticism as critical projects remain...
FG Offers Tax Relief On Pharmaceuticals To Cut Costs
The federal government has officially begun the implementation of zero Value Added Tax (VAT) and excise duties on pharmaceutical products...
Nigeria’s FDI Hits Record Low Of $29.83m In Q2
Nigeria’s Foreign Direct Investment (FDI) plunged to $29.83 million in the second quarter of 2024, marking its lowest point since...
FG, Google Launch Initiative To Empower 2,500 Nigerian Creatives
The federal government, through the Ministry of Arts, Culture, and the Creative Economy (FMACCE), has partnered with Google to launch...
Uproar Over Latest Petrol Price Hike
Commuters in Lagos and Ogun States woke up to dramatically increased transport fares, with many left stranded at bus terminals...
Setting Global Standard With Foreign Exchange Code
The Central Bank of Nigeria (CBN) recently released an exposure draft of the Nigeria Foreign Exchange Code Book (FX Code),...
Rice Prices Skyrocket As Local Production Declines
Nigeria’s rice industry, once heralded as a flagship success of local production, is now facing significant challenges as local output...
Eight Insurance Firm CEOs Retire Following Tenure Limit Enforcement
The enforcement of a 10-year tenure limit policy by the National Insurance Commission (NAICOM) has prompted the resignation of at...
FG Removes VAT On Diesel, CNG, Electric Vehicles To Lower Prices
The federal government has announced a series of Value Added Tax (VAT) exemptions for various energy products, including diesel, Liquefied...
