Saturday, February 28, 2026
Economy
FULL LIST: States & FCT Internally Generated revenue in 2022
The 36 states in Nigeria and the Federal Capital Territory generated N1.93 trillion in 2022 Internally Generated Revenue, the National...
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CBN lifts forex ban on 43 items, full list
The Central Bank of Nigeria (CBN) has lifted the ban it placed on importers of 43 items from accessing foreign...
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Food prices continue to soar in Nigeria as inflation hits 25.80%
The prices of food has continued to soar in Nigeria as inflation in August 2023 increased to 25.80%, the highest...
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NERC hikes electricity meter price by 40%
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters within the country....
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Nigeria’s daily petrol consumption dropped by 16.8% in July – report
The average daily consumption of petrol in Nigeria dropped to 52 million litres in July 2023, according to the Nigerian...
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Tinubu establishes presidential CNG initiative, targets nationwide adoption
PRESIDENT BOLA TINUBU APPROVES ESTABLISHMENT OF THE PRESIDENTIAL CNG INITIATIVE; TARGETS NATIONWIDE ADOPTION WITH WORKSHOPS FOR SMOOTH TRANSITION TO CNG-FUELLED...
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Subsidy Palliative: FG gives states N5bn to buy rice, maize
The Federal Government has approved N5bn for each state and the Federal Capital Territory (FCT) to enable them to buy...
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FG to streamline taxes from 52 to 10, rename FIRS
The Federal government plans to reduce the number of taxes from 52 to 10 in its bid to ensure ease...
Read moreFG establishes ‘Infrastructure Support Fund (ISF) for the 36 States of the Federation’
President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation as...
Read moreInflation in Nigeria rises to 22.79% in June 2023
The Consumer Price Index (CPI), which measures the average change over time in the prices of goods and services consumed...
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