Leading the way in business journalism
Human rights activist and senior lawyer, Dr. Olisa Agbakoba, SAN, yesterday, said Nigeria’s public debt rose to $91.46 billion (N121.67 trillion), despite its ability to generate $1 trillion in 40…
Skyrocketing food prices have become a major concern for many Nigerians, as the cost of basic necessities continues to rise. A recent report by Vanguard highlights the various factors contributing…
The Naira has continued its depreciation streak against the dollar in the foreign exchange market despite the Central Bank of Nigeria’s policy interventions. FMDQ data showed that the Naira slightly…
Kaduna Electricity Distribution Company has announced another electricity tariff hike for Band A customers getting 20-24 hours of daily power supply. The disco announced the increment in a statement on…
Petrol Hits ₦937 Per Litre The planned power outage on the Osogbo/Akure and Ado-Ekiti 132KV lines has been suspended by the Transmission Company of Nigeria (TCN).Naija News reports that the…
A former Senate President, Adolphus Wabara, in an interview released on Monday on the YouTube series, Untold Stories with Adesuwa, reiterated his previous claims of rejecting a ₦250 million bribe…
The Nigerian Federal Government has approved a withholding tax system to boost revenue generation.The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, disclosed this in…
Despite President Bola Ahmed Tinubu’s interventions and the Renewed Hope Mantra, Nigeria’s economic hardship has worsened in the first half of 2024, according to experts. Tinubu, marking his first year…
The Naira weakened against the dollar at the official foreign exchange market on Monday.FMDQ data showed that the Naira closed at N1508.99 against the dollar from N1505.30 recorded last Friday.This…
Isaac Fayose, the brother of former Ekiti State Governor Ayo Fayose, has proposed a solution to the ongoing insecurity in Nigeria’s South-East region. In a video statement on Monday via…