Category: Economic

Lagos residents groan as tenants pay millions for substandard housing

March 2, 2026

Residents of Lagos are grappling with an unprecedented surge in house rents, as accommodation costs across the metropolis continue to rise sharply amid worsening living conditions. In several neighbourhoods, tenants now pay between N1.5 million and N2.5 million annually for single rooms and self-contained apartments, often without access to basic amenities such as potable water, […]

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140 million Nigerians to be plunged into poverty in 2026 – Economist, Ngwu

February 3, 2026

Director of Public Sector Initiative, Lagos Business School, Franklin Ngwu, says at least 140 million Nigerians will be described as...

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Tax reforms exempt food, education, agriculture – FIRS

September 30, 2025

Nigeria’s tax landscape is set for a historic overhaul, as the Federal Inland Revenue Service has explained that the government’s...

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FG Gives Mining Firms December 31 Deadline to Sign Community Development Agreements

September 19, 2025

The Federal Government has ordered all mining and quarrying companies operating in Nigeria to conclude their Community Development Agreements (CDAs)...

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FG gets $25.35m Kuwait loan to tackle Kaduna out-of-school crisis

August 6, 2025

The Federal Government has secured a $25.35 million concessionary loan from the Kuwait Fund for Arab Economic Development to support...

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Veterans barricade finance ministry over non-payment of entitlements

August 4, 2025

Some retired military personnel on Monday barricaded the main entrance of the Federal Ministry of Finance in Abuja to protest...

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NLC raises concerns over new industrial relations policy

August 3, 2025

The Nigeria Labour Congress (NLC) has expressed concerns over the newly adopted  National Industrial Relations Policy by the Federal Government.  In a...

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Electricity Market Law to Boost Osun’s Economy — Governor Adeleke

July 29, 2025

Osogbo — Osun State Governor, Senator Ademola Adeleke, has hailed the passage of the Osun Electricity Market Bill into law...

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FG Speaks On Involvement In First Holdco Share Acquisition

July 18, 2025

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN, has denied the Bola Ahmed Tinubu-led administration’s involvement...

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Marketers Protest As Dangote Moves To Crash Cooking Gas Price

July 16, 2025

President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas, also...

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Naira rises to N1,545/$ in parallel market

July 15, 2025

The naira today appreciated to N1,545 per dollar in the parallel market from N1,550 per dollar last weekend. Likewise, the...

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Nigerian marketers reduce fuel prices as FG shuts down economy in honour of Buhari

July 15, 2025

Nigerian petroleum products marketers have announced a reduction of premium motor spirit prices, starting from today, Tuesday. This comes as...

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Naira appreciates to N1,575/$ in parallel market

June 28, 2025

The naira on Friday appreciated to N1,575 per dollar in the parallel market from N1,580 per dollar on Thursday. The...

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Things to know about Nigeria’s new tax laws

June 27, 2025

President Bola Tinubu on Thursday signed four tax law aimed at modernizing and streamlining the country’s tax system. The new...

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FG Sets January 2026 For Implementation Of New Tax Laws

June 27, 2025

The Federal Government has announced that the implementation of the newly signed four tax and fiscal reform laws will officially...

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Dangote refinery to begin petrol, diesel distribution nationwide August 15

June 15, 2025

In a major boost to Nigeria’s fuel supply chain, Dangote Petroleum Refinery has announced it will commence nationwide distribution of...

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Sallah: Ram sellers lament low patronage; prices surge in Abuja, Lagos, Ile-Ife

June 5, 2025

A day to the Eid-El-Kabir (Sallah) celebrations, ram sellers across Nigeria are lamenting low patronage, while prices soar. Ram traders...

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Pope Leo XIV receives US VP Vance, Secretary of State Rubio

May 19, 2025

United States – Pope Leo XIV on Monday received United States Vice President JD Vance and Secretary of State Marco Rubio...

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FG Reforms TETFund Access, Sets 2,000-Student Benchmark for Beneficiaries

May 16, 2025

Lagos, Nigeria — The Federal Government has announced that tertiary institutions with fewer than 2,000 enrolled students will no longer...

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World Bank Flags NNPCL Over Incomplete Remittance of Fuel Subsidy Savings

May 15, 2025

Abuja, Nigeria— The World Bank has raised concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) partial remittance of revenue...

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Oyo Govt Unveils Export-Ready Agro Products to Boost Trade

May 15, 2025

Ibadan, Nigeria — The Oyo State Government has launched a range of export-ready, value-added food products in a bid to...

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Insecurity: FG told to act as 3,610 killed in 3 months

May 15, 2025

  ABUJA – The Nigeria Youth Forum (NYF) has expressed concern over Nigeria’s escalating security crisis, revealing that at least...

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Nigeria Acts to Address Aviation Fuel Shortage

May 13, 2025

Abuja, Nigeria — Nigeria has intensified efforts to address the persistent scarcity of aviation fuel and promote sustainable alternatives by...

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Aiyedatiwa Promise Completion of 7.8km Akure Road Project

May 11, 2025

Ondo, Nigeria — The Ondo State Government has assured Akure residents that the 7.8km Oda Road project will be ready...

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WREEL PIZZA

PIZZA fixes everything. Enjoy a finger-licking meal. One bite and you’ll believe in love at first slice.

Gov. Babagana Zulum bans sale of petrol in Bama

May 10, 2025

BORNO – Gov. Babagana Zulum of Borno has directed the immediate ban on the sale of petrol in filling stations...

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VDM Released After Five Days in EFCC Custody.

May 8, 2025

Abuja, Nigeria— Social media activist Martins Otse, popularly known as VeryDarkMan (VDM), has been released from the custody of the...

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Mercy Chinwo: EFCC Arraigns EeZeeTee on New Charges

May 7, 2025

  Lagos, Nigeria — The Economic and Financial Crimes Commission (EFCC) has withdrawn earlier allegations of fraudulent conversion of funds...

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EFCC: VeryDarkMan Will Be Released If He Meets Bail Conditions

May 6, 2025

NIGERIA – The Economic and Financial Crimes Commission (EFCC) has stated that social media activist Martins Otse, popularly known as...

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FG Launches Creative Economy Development Fund to Empower Entrepreneurs.

May 5, 2025

Abuja, Nigeria — The Federal Ministry of Art, Culture, Tourism, and Creative Economy has unveiled the Creative Economy Development Fund...

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Ondo Achieves Nigeria’s Top Domestic Debt Cutback —DMO

May 4, 2025

Akure, Nigeria —  Ondo State has emerged as the nation’s leading sub-national in fiscal responsibility, recording the sharpest domestic debt...

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