Tax on telecommunication services is set to increase to 12.5% as the Federal Government plans to implement a 5% inclusive excise duty on telecommunications services in...
The United States of America recorded a 0.9% contraction in its gross domestic product in the second quarter of 2022, following a 1.6% annual decline recorded...
The Federal Government says that it has projected that the oil sector’s contribution to Nigeria’s Gross Domestic Product (GDP) will decline to 5% between 2023 and...
The Federal Government has responded to reports that the Excess Crude Account has dropped from $35.7 million to $376,655. The government disclosed that the $35million disbursement from the...
The Central Bank of Nigeria’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription of 22.7%, as...
Nigerian naira, on Wednesday, weakened to N707 a dollar at the parallel section of the foreign exchange market. The figure represents N42 or 7.45 percent depreciation...
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed...
BUA Cement, owned by billionaire, Abdulsamad Rabiu, reported its revenue grew by 51.7% in the second quarter of 2022. While this is an impressive growth, the...
A new cryptocurrency market report titled, “What Does the Future Hold for Crypto Exchanges,” has revealed that in terms of the cryptocurrency market size in Africa, Nigeria has...
The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from N681bn shared...
Oyo State Governor and Allied Peoples Movement (APM) presidential candidate Seyi Makinde says his decision to run for president in...
Seyi Makinde, Governor of Oyo state and presidential candidate of the Allied Peoples Movement (APM), says he is open to...
The Federal High Court, on Friday, ruled that the Independent National Electoral Commission had no power to unilaterally disqualify a...
Loyalists of former Vice President Atiku Abubakar on Wednesday staged a protest at the Federal High Court in Abuja, demanding...
Vice-President Kashim Shettima says Ondo State received more than 22 per cent additional revenue from the Federation Account in the...
OPay Limited has suspended its planned initial public offering (IPO) on the New York Stock Exchange (NYSE) following a regulatory...
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said some Nigerians spend as much as...
The Federation Account Allocation Committee (FAAC) has shared the sum of N2.428 trillion among the Federal Government, 36 states government...
Nigeria’s headline inflation rate fell to 14.63 per cent in September 2026, down from 15.39 per cent in August, as...
The Nigerian Communications Commission (NCC) says it is taking steps to widen stakeholder participation in Internet governance after survey revealed...
Nollywood actress and former beauty queen, Tenia Abraham, is dead. Abraham died of kidney infection on October 13, 2026. She...
Nigerian gospel singer Toluwanisings, whose real name is Olayemi Bayonile Bolaji, has died. His death was announced on Wednesday by...
The family of late Ibadan politician Lamidi Adedibu and filmmaker Seun Oloketuyi are at odds over a new biopic, ‘Adedibu:...
Social media activist, VeryDarkMan, has challenged Apostle Arome over his claim that he spent four years and six months in...
Nigerian singer, Tiwa Savage, has accepted fight challenge from fellow singer, Teniola Apata, popularly known as Teni. Teni had issued...