FAAC: FG, States, LGs share lower February revenue of N1.678 trillion
The figure represents a slight decline from the N1.703 trillion shared in January, reflecting a drop in key revenue streams...
MOFI Real Estate Fund raises N100 billion from investors, plans 12% housing loans for Nigerians
The MOFI Real Estate Investment Fund (MREIF) has successfully raised N100 billion from private investors in its fully subscribed Series...
NDPC investigates TikTok, Truecaller for alleged data breaches
The Nigeria Data Protection Commission (NDPC) has launched an investigation into TikTok and Truecaller over alleged data breaches as part...
Nigeria’s food inflation drops to 23.51% in February 2025 as price pressures ease
Nigeria’s food inflation rate slowed to 23.51% in February 2025, marking a significant decline from the 37.92% recorded in February...
Top 10 most expensive states to live in Nigeria in February 2025
The latest inflation data highlight the states where the cost of living is rising the fastest, with food prices playing...
Nigeriens demand more Nigerian goods in 2024 as exports jump by 77% amid diplomatic tension
Trade between Nigeria and Niger Republic rebounded strongly in 2024, with exports from Nigeria soaring by 77.12% to N82.38 billion,...
PenCom grants PFAs autonomy to approve retirement benefits, mandates two-day processing
The National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to...
Nigeria’s passenger car imports drop by 14.3% in 2024 as inflation, naira depreciation weigh on demand
Nigerians imported fewer passenger cars in 2024 as rising inflation and the sharp depreciation of the naira made foreign exchange...
Nigeria’s petrol imports hit record N15.42 trillion in 2024 despite refinery operations
Nigeria’s petrol imports surged in 2024, more than doubling despite increased domestic refining capacity, highlighting the country’s persistent reliance on...
Nigeria’s foreign trade surges to N36.6 trillion in Q4 2024 – NBS
Nigeria’s total merchandise trade saw significant growth in the fourth quarter of 2024, driven by a surge in imports and...
