Current Issues
“The moment they announce his victory, I will cut my green card myself and start packing up,”
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Organized labor unions in Nigeria have taken a stand against the recent increase in electricity tariffs by the federal government, opting to picket power...
The Big Change in Diesel Prices Recently, there’s been some good news about diesel prices in Nigeria. A big company called Dangote Petroleum Refinery...
Inflation in Nigeria has soared again, reaching 33.20% in March 2024. This is a jump from 31.70% in February, marking a significant rise in...
In the hustle and bustle of everyday life, Nigerians wake up to the harsh realities of economic challenges. From the cost of living soaring...
In the dynamic landscape of African start-up funding, Nigeria emerges as a significant player, capturing attention with its robust investment climate. A recent report...
“The moment they announce his victory, I will cut my green card myself and start packing up,”
The two heads of state met face-to-face on January 19 to discuss the partial reopening of the border between Benin and Nigeria.
The Nigerian billionaire acquired from Shell, Total and ENI the ownership of 45% of a producing oil block in the Niger Delta. With the...
Out of the 2020 budget deficit of N6.1 trillion, N2 trillion was sourced from domestic borrowing, and another N12 trillion from foreign borrowing. The...
FIRS chairman, Muhammad Nami, expressed worries that many rich multinational corporations did not pay the right taxes due to them.
The review indicates that oil demand globally shows a curbed recovery over the next few years following the Covid-19 induced demand slump.
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
The break down of the Public Debt Stock showed that 37.82% was External, while the balance of 62.18% was Domestic.
The federal executive council (FEC) approved the implementation of the first phase of IDSP on December 16, 2020.