Business
Inflation Rate Drops to 22.22% in June – NBS
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate dropped slightly to 22.22% in June 2025, down from 22.97% recorded in...
Business
LPG Marketers Protest Dangote’s Plan to Crash Cooking Gas Price
There is growing tension in the Liquefied Petroleum Gas (LPG) sector as marketers have kicked against a recent move by Africa’s richest man, Alhaji...
Business
Banks to Report N5m Monthly Transactions From 2026 – FIRS
Starting in 2026, all Nigerian banks will be required to report customer accounts with monthly transactions above ₦5 million to the Federal Inland Revenue...
Tech
Trump Confirms U.S. Investors Ready to Buy TikTok
U.S. President Donald Trump has revealed that a group of wealthy American investors is set to buy TikTok, the popular video-sharing app currently owned...
Business
New Tax Laws to Start January 2026 – FIRS Chairman
The Federal Inland Revenue Service (FIRS) has announced that Nigeria’s new tax laws will officially begin on January 1, 2026. This announcement was made...
Business
Senate Gives NNPCL Boss 10 Days to Explain Missing N200trn
The Senate Committee on Public Accounts has given the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, 10...
Business
Nigeria Ranked 12th Poorest Country by IMF
Nigeria has been ranked as the 12th poorest country in the world based on GDP per capita in 2025, according to new data from...
Business
Nigeria Welcomes West Africa’s First LNG-Powered Container Ship at Onne Port
Nigeria has taken a big step toward greener shipping with the arrival of the Kota Oasis, the first liquefied natural gas (LNG)-powered container ship...