President Bola Tinubu has given a fresh update on the federal allocations going to state and local governments amid the controversies on the councils' autonomy.
Nigeria's banks face a March 2026 recapitalisation deadline. Top performers like Access and Zenith exceed targets, while others risk mergers or exits if they fail.
OPEC’s latest report reveals a 6.8% drop in oil prices for April, steady global economic growth, and resilient Nigerian oil production despite tariff challenges.
The federal government of Nigeria has said that 1000 youths will be selected in each state of the country, and empowered to embark on a livestock project.
Argentine "Rita Lopez," 84, keeps her US dollars hidden in an empty pea can in the kitchen. Either way, Lopez insists nothing can get her to part with her pea can.
The Nigerian currency has recorded its highest gains in 30 days, appreciating to N1,579 per dollar, up from N1,583.92 recorded the previous day at NFEM.
A retailer in the UK has suspended in-store sales of Labubu toys amid rising concerns over public safety and staff threats, following reports of global thefts and queue violence tied to the sought-after collectibles. In California, The Sun reported a car break-in in which three Labubu toys were taken.
The bridging claims now amount to over N200 billion having accumulated since 2022. However, the marketers revealed that the NMDPRA has paid part of the debt.
The Chairman of Nigeria's Federal Inland Revenue Service (FIRS), Zacch Adedeji, has been honoured by the Commonwealth of Tax Administrators (CATA).
South Africa's government is moving towards easing its black ownership laws in the telecoms sector -- a policy change that would smooth the way for Elon Musk's Starlink to enter the local market.
The Nigerian government was made to deposit a $200 million arbitration bond during the long-drawn case against Process and Industrial Development (P&ID).
Economy
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