Business

Nigeria’s reserves hit $51.86bn, 17-year high

Nigeria’s reserves hit $51.86bn, 17-year high

Nigeria’s foreign reserves have climbed to $51.86 billion, the highest level recorded in more than 17 years, surpassing the Central…
PETROAN urges FG to revive refineries

PETROAN urges FG to revive refineries

  The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to urgently restore…
Delta IGR hits N200bn – Commissioner

Delta IGR hits N200bn – Commissioner

  Delta Government says it Internally Generated Revenue(IGR) has increased from N84 billion in 2023 to more than N200 billion,…
Oyedele warns against fiscal illusion

Oyedele warns against fiscal illusion

  The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has said Nigeria’s pursuit of sustainable…
Nigeria, Hong Kong sign double tax treaty

Nigeria, Hong Kong sign double tax treaty

  Nigeria and the Hong Kong Special Administrative Region of China have signed an agreement to eliminate double taxation and…
World Bank warns Nigeria over electricity reform delays

World Bank warns Nigeria over electricity reform delays

  The World Bank has raised concerns over delays affecting Nigeria’s Distribution Sector Recovery Programme (DISREP), warning that legal disputes,…
Customs blames N34tn duty waivers for revenue loss

Customs blames N34tn duty waivers for revenue loss

  The Nigeria Customs Service (NCS) says import duty exemption approvals reached N34 trillion in 2025, significantly reducing the revenue…
Delta, RMAFC deepen diversification partnership

Delta, RMAFC deepen diversification partnership

The Delta government and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have strengthened collaboration to diversify the state’s economy…
FG seals aviation partnership with Bombardier

FG seals aviation partnership with Bombardier

  The Federal Government has concluded a series of strategic engagements with the world’s leading aircraft manufacturers following a high-level…
Fashola explains how Lagos secured Dangote Refinery

Fashola explains how Lagos secured Dangote Refinery

  Former Lagos State Governor, Babatunde Fashola (SAN), has disclosed that his administration reduced the cost of land allocated to…
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