Politics

Nigeria’s economic reforms: Governor insists President Tinubu is taking the right steps

August 13, 2025

Oyebanji dissolves Executive Council, spares key commissioners and two Special Advisers in Ekiti

August 11, 2025

Exclusives

Meet Nigerian governors who built their careers in private sector before politics

August 9, 2025

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Politics

General news on the economy and politics.

Oil workers will be paid N75 billion worth of salaries in 2020 , Oil production drops, as Nigeria complies with OPEC+ output cuts , Global oil demand set to plunge by 29 mb/d Global oil demand set to plunge by 29 mb/d

Oil production drops, as Nigeria complies with OPEC’s cut

January 16, 2020

Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, as the country...

FG directs the suspension of NIMC staff involved in extortion of NIN applicants, SIM. Social media accounts monitoring, FG completes 11 projects to drive Digital Economy, FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years , Pantami tasks Youth on developing creative and entrepreneurial digital skills

FG queries states over RoW charge increase

by Chidinma Nwagbara

January 16, 2020

The Federal Government (FG) has cautioned some state governments against their decision to increase the Right of Way (RoW) charges. #NCC,#RoW

Federal Government to activate full potentials of mining sector

Market Views

Economy: Will the FG tax reforms support revenues in 2020?

by CSL Stockbrokers

January 16, 2020

Zainab Ahmed disclosed that the new tax reforms as contained in the Finance Bill would help FG achieve its 2020...

Why Nigeria is experiencing its worst inflation in 21 years

Confusion: Presidency, Ministry not on same page over Finance Act’s take-off

The Presidency and the Ministry of Finance have sparked confusion about the implementation date of the newly signed Finance Bill.

Nigeria misses out as World Bank lists countries with reforms on women empowerment

Women empowerment: Nigeria missing among World Bank’s best 40 nations

Nigeria has missed out on a list of 40 countries that improved regulatory environment for women’s economic participation over the...

FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry, COVID -19: FG accesses $750m loans from World Bank for states

Finance Bill designed for the good of Nigerians – Finance Minister, Zainab Ahmed

by Fakoyejo Olalekan

Zainab Ahmed said the increased 7.5 value-added tax (VAT) is for the good of Nigerians and will help with the...

FG to strengthen economic ties with Turkey

by Abiola Odutola

The Federal Government (FG) has reemphasised its plan to strengthen economic relations with the Turkish government to boost trade and...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

Market Views

Now that President Buhari has signed the Finance Bill into law

by CSL Stockbrokers

Yesterday, President Muhammadu Buhari signed the Finance Bill into law, hoping it would support the implementation of the 2020 budget.

FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism

Blurb

States receive N2.53 trillion allocation in 2019

by Bamidele Samuel Adesoji

State governors in Nigeria shared the sum of N2.53 trillion gross allocation in 2019 (January – November).

LCCI projects continuous weak investments in 2020 , Private sector laments as Buhari signs Finance Bill into law

LCCI, NECA warn FG on endangering productivity of Nigerians