BY EMEKA EJERE The rising price of crude oil at the international market and the resultant increase in the cost of petrol subsidy are compounding the...

Nigeria’s commodity terms of trade (ToT) fell by 0.25 percent in the fourth quarter of last year (Q4’21), with commodity trade down 0.33 percent during the...
Nigeria generated N2.07 trillion as Value Added Tax (VAT) in 2021, representing a 33% increase from N1.55 trillion generated in 2020. This is according to the...

Nigeria’s federal government has it has no exact knowledge of how much fuel Nigerians consume daily. Minister of state for petroleum resources, Chief Timipre Sylva, who...
Babatunde Fashola, minister of works and housing has said the Second Niger Bridge is now at 91 per cent completion. Fashola disclosed this while featuring at...

The Independent Petroleum Producers Group (IPPG) has disclosed that about 82 percent of its oil production was stolen in the month of February 2022. The IPPG...
Nigerian states could be in for more financial problems as Abuja Federal High Court, on Thursday, threw out a suit filed by their Attorneys-General challenging the...

Cross River State government has decried its poor federal allocation for the month of March. The government got N34.9m, which is only about 15 per cent...

Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has said the policies adopted by the apex bank to manage exchange rate have helped...