State governors under the Nigerian Governors Forum (NGF) have collectively voiced their opposition to any increase in the Value Added Tax (VAT) rate. This stance was...
Nigeria’s foreign reserves have declined by $359.91 million in just one week, falling from $40.91 billion on January 7, 2025, to $40.56 billion by January 13,...
On Tuesday, the Naira saw a slight depreciation in the parallel market, falling to N1,660 per dollar from N1,655 per dollar on Monday. However, the Naira...
The Central Bank of Nigeria (CBN) has imposed a total fine of ₦1.35 billion on nine Deposit Money Banks (DMBs) for failing to ensure sufficient availability...
The cost of refined petroleum products in Nigeria could increase in the coming days, following a rise in the price of Brent crude, the global benchmark...
A passenger on an Ibom Air flight from Uyo to Abuja is set to face legal action after causing the cancellation of the flight, leaving numerous...
The Nigeria Police Force says the Enugu State Government account is not hacked as being making rounds in the social media. The Force Public Relations Officer,...
The National Bureau of Statistics (NBS) announced Thursday that Nigeria will now factor in illicit activities such as prostitution and drug trafficking in its Gross Domestic...
The Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) has expressed concern over the slow pace of work by Reynolds Construction Company (RCC) on the Eleme...
MaxAir Limited has announced a temporary suspension of flight operations from January 4 to January 8, 2025, to conduct scheduled aircraft maintenance. In a statement issued...