Spotlight
Nigerian Court refuses Police request to reverse billions allegedly withdrawn by POS agents in 2023 glitch
A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order...
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Zero-Duty, VAT exemption on essential food imports effective July 15 to year-end – Nigeria Customs Service
The Nigeria Customs Service has announced the implementation of the duty waiver on essential food imports, effective from July 15,...
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Inflation: FMCG transaction volume in Nigeria declines by 17.4% in 2024 – Report
The latest report by NielsenIQ has revealed that the Nigerian Fast-Moving Consumer Goods (FMCG) market has seen a 17.4% decline...
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Nigeria’s economy growing, recorded $55 billion non-oil export in 2023 – Wale Edun
The Minister of Finance, Wale Edun, has reassured Nigerians that the economy is thriving under President Bola Tinubu’s leadership, noting...
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Nigerian Senators collect N1 million monthly salary, covering entertainment, constituency allowance, others – Revenue Commission
The Revenue Mobilisation Allocation and Fiscal Commission has confirmed that each Nigerian Senator receives a monthly salary and allowances totaling...
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Concerns mount as NERC presses DisCos to buy power directly from Gencos
The Nigerian Electricity Regulatory Commission's (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract...
Read moreDetailsCourt reverses TAJ Bank’s customers’ N139 Million ‘unlawfully’ credited due to system glitch
The Federal High Court, Abuja, has granted an interim freezing order against several accounts in Fair Money Micro-finance Bank Ltd,...
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Prices of food items, cooking gas rise in Kaduna after nationwide protest
In the wake of recent nationwide hunger protests, prices of cooking gas and food items have surged dramatically in Kaduna.
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Nine firms purchase $25.76 million from CBN’s retail Dutch auction to repay loans
The Central Bank of Nigeria (CBN) conducted a Retail Dutch Auction on August 6, 2024, where nine companies purchased a...
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FCCPC blames disproportionate pricing of imported goods among retailers for inflation
The Federal Competition and Consumer Pricing Commission (FCCPC) has stated that disproportionate pricing of imported goods mostly among retailers is...
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