VAT Removal Won’t End Nigeria’s Housing Crisis, Experts Claim

      Stakeholders in Nigeria’s real estate sector have argued that removing Value Added Tax (VAT) on land and rent will not address the persistent surge in housing costs…

NARTO Demands Regulatory Halt to Monopoly in Nigeria’s Oil Transport Sector

      The Nigerian Association of Road Transport Owners, NARTO, called on the Federal Competition and Consumer Protection Commission, FCCPC, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority,…

Forex Market Deepens: Central Bank Approves BDC Participation with Cap on Purchases

  The Central Bank of Nigeria, CBN, has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of efforts to…

Ibom Deep Seaport Needs Foreign Investors to Unlock Akwa Ibom’s Blue Economy — Gov Eno

Akwa Ibom State Governor, Pastor Umo Eno, has said the successful delivery of the Ibom Deep Seaport project depends on attracting investors, particularly foreign partners, to drive the state’s blue…

Arik Air Boeing 737 Diverts to Benin After Mid-Air Engine Issue

An Arik Air Boeing 737-7GL aircraft, registered as 5N-MJF, was forced to divert to Benin Airport on Tuesday after experiencing an engine problem while en route from Lagos to Port…

Fuel Prices Set to Drop Nationwide as Imports Undercut Dangote Refinery Cost

      Petroleum products marketers have hinted that fuel prices may drop nationwide in the coming days as the parity between imported petrol fell below the Dangote refinery gantry…

Enugu IGR Skyrockets to Over N406 Billion in 2025, Showing 125% Growth

  Enugu State recorded a total of N406,774,321,758.87 Internally General Revenue, IGR, in 2025 out of the N509,947,000,000 projected in the 2025 Appropriation Law, the Chairman of the Enugu State…

NNPC Boss: Why Nigeria’s Refineries Were Shut Down

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has explained that the suspension of operations at Nigeria’s government-owned refineries was based on…

Reserves Surge Boosts Naira: How the Currency Performed Across Official and Black Markets Last Week

  The Naira ended the week at N1,366.19 per dollar at the official foreign exchange market as Nigeria’s foreign reserves climbed to $46.91 billion. The Central Bank of Nigeria’s data…

Taraba Seeds Limited Launched to Boost Food Security, Combat Fake Seeds Nationwide

Governor Agbu Kefas has officially unveiled Taraba Seeds Limited, a company set to revolutionize seed development and distribution across Nigeria, aiming to increase food production and curb the sale of…