FG Dismisses ₦80trn Borrowing Claims
The Federal Government has dismissed claims that the President Bola Tinubu administration has borrowed about ₦80 trillion in three years, describing the figures as exaggerated and based on accounting adjustments…
VP Shettima, West African Leaders Meet In Sierra Leone For 69th ECOWAS Summit
Vice President Kashim Shettima and other West African leaders are currently at the Julius Maada Bio International Conference Centre in Lungi, Sierra Leone, for the 69th Ordinary Session of the…
Germany cracks down on money laundering, tax fraud
The German government plans to crack down on tax fraud, money laundering and illegally acquired assets with more audits and stiffer penalties. The 2027 federal budget proposal, with its estimated…
Nigeria’s crude Oil Production Hits 1.735 Million Barrels per Day Credit to Navy Operational Successes Against Oil Thieves In Q2 2026
The Nigerian Navy has continued to record significant operational successes under Operation DELTA SENTINEL, sustaining its offensive against crude oil theft, illegal refining, pipeline vandalism, militancy and other forms of…
Poverty threatens 79% of Nigerians despite reforms – World Bank
Despite nearly three years of sweeping economic reforms by the Federal Government, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, highlighting the country’s deepening…
Dollar Climbs On Renewed Middle East Attacks
The U.S. dollar index was up 0.1% at 101.13 on Monday after earlier touching its highest level since July 8, according to a Reuters report. Tehran targeted U.S. facilities in…
China’s Economic Growth Hits Slowest Pace In More Than Three Years
China’s economy grew at its weakest pace in more than three years during the second quarter, data showed Wednesday, missing expectations even as strong exports driven by the global AI…
Cost Of Import Duty Exemptions Hit ₦34 Trillion In 2025, Says Customs
The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has disclosed that the value of import duty exemption certificate approvals rose to ₦34 trillion in 2025, describing the policy…
Customs auction 20,500 litres of petrol in Lagos
The Nigeria Customs Service, Operation Whirlwind, on Monday auctioned 20,500 litres of Premium Motor Spirit, intercepted within the Zone A axis. Speaking during the public auction of the products in…
Nestle reaffirms commitment to youth entrepreneurship, backs innovation
Nestlé Nigeria has reaffirmed its commitment to creating an enabling environment for youth entrepreneurship, saying empowering young Nigerians with the skills, opportunities and support to build successful businesses remains central…