FG Plans to Increase Value-Added Tax on Luxury Goods
The Nigerian Federal Government is planning to raise the Value-Added Tax (VAT) to 15% for luxury items, while keeping essential...
The IMF’s Naira Stability Fantasy: A Slap in the Face of Nigerians
In a remarkable show of economic skill, the International Monetary Fund (IMF) has announced that the Nigerian Naira is "stable."...
President Bola Tinubu Shakes Up Cabinet, Sacks Five Ministers
President Bola Tinubu has made significant changes to his cabinet, dismissing five ministers and reassigning ten others to new portfolios....
University of Lagos students protest hostel fee hike, reject eviction order
Students at the University of Lagos (UNILAG), Idi-Araba campus, are protesting against a planned increase in dormitory fees. The university's...
President Tinubu Restructures Cabinet
President Bola Tinubu has made major changes to the federal cabinets. He has removed the Ministries of Niger Delta and...
Naira Exhibits Stability Signs, International Monetary Fund Reports
The International Monetary Fund (IMF) has observed that Nigeria's currency, the naira, is showing signs of stability because of smart...
Insecurity in Zamfara State impacts World Bank’s $495.30 million irrigation project
The World Bank's Transforming Irrigation Management in Nigeria (TRIMING) project is dealing with major issues because of safety problems in...
FG withdraws charges against Binance executive Tigran Gambaryan
The Federal government, through the Economic and Financial Crimes Commission (EFCC), has officially dropped all legal actions against Tigran Gambaryan,...
MainPower Takes Over Electricity Distribution from EEDC in Enugu State
MainPower Electricity Distribution Limited has officially started managing electricity distribution in Enugu State, taking over from the Enugu Electricity Distribution...
International Monetary Fund Projects Nigeria’s Economy to Grow by 3.2% in 2025
The International Monetary Fund (IMF) has released its latest World Economic Outlook (WEO) report, which predicts that Nigeria's economy will...
2024 Economic Outlook: IMF Cites Global Debt, US Elections as Key Risks
The International Monetary Fund (IMF) is about to release its 2024 economic forecast, focusing on the growing global debt problem...
X Empire Players Express Outrage Over Token Allocation Exclusion Ahead of October 24 Airdrop
Cryptocurrency Participants of the X Empire project have expressed dissatisfaction after a significant number of players were excluded from receiving...
Dangote Refinery Files Suit Against NMDPRA Over Import Licences
Dangote Petroleum Refinery and Petrochemicals FZE has taken legal action against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)...
Nigeria’s Economic Time Bomb: Will the Youth Survive the Impending Doom?
Imagine waking up one day to see Nigeria's economy in a terrible state. There are no jobs, no chances to...
Putin Urges BRICS Nations to Adopt Cryptocurrencies
Russian President Vladimir Putin has suggested that the BRICS countries (Brazil, Russia, India, China, and South Africa) should start using...
