The National Bureau of Statistics (NBS) says Nigeria’s inflation rate declined to 33.4 percent in July, below the 34.2 percent reported in June. This is the...
The Nigeria Customs Service (NCS) has begun the implementation of the zero percent import duty and exemption of value-added tax (VAT) on basic food items. In...
Karl Toriola, chief executive officer (CEO) of MTN Nigeria, says the country’s telecommunications sector is “in a deep crisis”. Toriola spoke on Tuesday at the telecom...
The Dangote Petroleum Refinery says it has not fixed its petrol price. Reports had claimed that oil marketers projected that petrol from the refinery would be...
The Bank Directors Association of Nigeria (BDAN) has called on the federal government to reconsider the recently imposed 70 percent windfall tax on banks’ earnings from...
In the wake of recent nationwide hunger protests, prices of cooking gas and food items have surged dramatically in Kaduna. Essential goods, including provisions, grains, and...
A federal high court sitting in Lagos has dismissed the applications filed by three foreigners to quash a bench warrant issued for their arrest and extradition...
The Lagos government has announced a 25 percent cut in the blue rail transport fare for off-peak periods. Abimbola Akinajo, managing director of Lagos Metropolitan Area...
The Federal Government has announced the closure of the Third Mainland Bridge in Lagos to large trucks due to ongoing structural repairs. This decision was revealed...
A High Court in Lagos has awarded N112,050,000 against Union Bank Plc for wrongly selling a property located at No. 6, Moore Road, Ikoyi, Lagos State,...