Economy

President Bola Ahmed Tinubu plans to discontinue the payment of taxes and levies in foreign currency through an executive order.

The Federal Government is considering a six-month suspension of import duties on staple food items, drugs, and other essential items...

The federal government’s target revenue for 2024 is projected to decline by N3.89 trillion due to crude oil production not...

The federal government is currently looking at plans to approve through an Executive Order the importation of paddy rice to...

Nigeria is poised to gain a $34 billion economic boost, amounting to nearly a quarter of the $142.7 billion cumulative...

The Minister of Information, Idris Mohammed, said the Finance Minister, Wale Edun, will present a new minimum wage template today...

Fitch Ratings has stated that the ongoing foreign exchange (FX) reforms are necessary to boost foreign direct investment (FDI) and...

The cost of waterway passenger transportation in Nigeria saw a significant rise, with the average fare increasing by 34.45% year-on-year,...

The federal government has disbursed N20.7 billion out of the N50 billion budgeted for the trade grant scheme intended for...

The average fare paid by commuters for intercity bus journeys in Nigeria surged by 78.31% year-on-year to N7,122.57 in April...