economic

441 Articles
Politics

Lagos to Boost Rail Capacity with Six New Train Sets

Lagos is on the cusp of enhancing its rail transit system with the arrival of six new train sets, aimed at bolstering the...

Politics

President Tinubu Congratulates Okonjo-Iweala, Adeola, and Adesina on UNILAG Honorary Degrees

President Bola Ahmed Tinubu has extended his congratulations to Dr. Ngozi Okonjo-Iweala, Mr. Fola Adeola, and Mr. Kola Adesina for being awarded honorary...

Politics

NGF Rejects VAT Increase, Proposes Equitable Sharing Formula

The Nigeria Governors’ Forum (NGF) has firmly opposed any increase in the Value Added Tax (VAT) rate. This decision was part of several...

Economy

Nigeria’s Inflation Rate Climbs to 34.80% in December 2024 Amid Festive Demand

The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate escalated to 34.80% in December 2024, a slight increase from November’s...

Politics

Midnight Inferno Ravages Multi-Million Naira Shops in Nnewi’s Ahia Mgbede Market

In the early hours of Tuesday, a devastating fire swept through Ahia Mgbede Market in Nnewi, Anambra State, turning multi-million naira shops into...

Politics

Nigeria Ranks 135th in Global Quality of Living Index, Reflecting Economic and Environmental Challenges

According to the latest Quality of Living Index by Global Citizen Solutions, Nigeria does not make the cut in the top rankings for...

Crime & conflict

Quebec Reopens Immigration Pilot Programs for AI, IT, and Visual Effects Experts

Quebec has reignited three immigration pilot programs targeting skilled workers in artificial intelligence (AI), information technology (IT), and visual effects, providing them with...

Economy

FIRS Chairman Optimistic About Passage of Tax Reform Bill in National Assembly

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has expressed strong confidence in the passage of the Tax Reform Bill...

Crime & conflict

President Tinubu Advocates for African Self-Development at Abu Dhabi Sustainability Week

Nigeria’s President Bola Ahmed Tinubu has voiced strong optimism about Africa’s capability for self-development, stating that the continent has all the resources needed...

Politics

The Cost of Loading Premium Motor Spirit (Petrol) and Other Refined Petroleum Products at Depots Rose on Monday

On Monday, the cost of loading Premium Motor Spirit (PMS), commonly known as petrol, and other refined petroleum products at depots across Nigeria...