Latest Economic News
Fuel Prices Hit ₦930/Litre as Marketers Boost Imports Amid Supply Shortage
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has resorted to fuel…
FG to Use Pension Funds for 5,000km Road Project, Sparking Concerns
The Nigerian government has announced plans to finance 5,000 kilometres of roads…
House of Reps Passes Bill to Restore Parliamentary System in Nigeria
A bill seeking to return Nigeria to a parliamentary system of government…
Military Clashes with Shi’ite Protesters in Abuja, Leaving Five Feared Dead
A violent confrontation erupted in Abuja when security forces opened fire on…
Abbey Mortgage Bank Reports N1.07bn Profit, Boosted by 66% Rise in Interest Income
Abbey Mortgage Bank Plc recorded a 23% increase in profit after tax,…
Traders Storm Lagos Assembly to Protest Spare Parts Market Demolition
Hundreds of Owode Onirin Motor Spare Parts Market traders stormed the Lagos…
Personal Income Tax for Wealthy Nigerians to Rise to 25% Under Tax Reform Bills
The Federal Government has projected an increase in Personal Income Tax (PIT)…
Women Now Hold 35% of CBN Director Positions
Women now make up 35% of directors at the Central Bank of…
Naira Appreciates to N1,560/$ in Parallel Market
The Naira strengthened to N1,560 per dollar in the parallel market yesterday,…
Abuja Rent Crisis: How the Cost of Housing Has Skyrocketed in Just Two Years
BY: Ubong Usoro Rent is a fundamental expense for many Nigerians who…