Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting…
Category:
Economy
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Federal Government on Thursday announced a line-up of activities to mark Nigeria’s 64th Independence anniversary on October 1, stating that the events…
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The Federal Accounts Allocation Committee (FAAC) has shared ₦1.2 trillion in revenue to the Federal Government, states and Local Governments for August.…
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Minister of Solid Minerals Development, Dr Dele Alake, Wednesday, assured that the Federal Government would use Nigeria’s mineral wealth to propel economic…
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Nigeria’s headline inflation rate slowed to 32.15 per cent in August 2024 down from the 33.40 per cent recorded in July…
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Economy
Maiduguri Flood disaster Alau Dam didn’t collapse, FG alerts N’Delta region, southern states over huge flow of water
Federal Government, Friday, declared that the Alau Dam in Maiduguri, the Borno State Capital, did not collapse as being speculated, rather it…
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National Bureau of Statistics has said that Nigeria’s total merchandise trade stood at N31,892.46 billion in second quarter of 2024 representing a…
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Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Monday, debunked reports doing the rounds that the rate…
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FThe federal government realised N1.56 trillion from Value Added Tax (VAT) in the second quarter of 2024. The National Bureau of Statistics…
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National Bureau of Statistics has said that the federal government collected N2.47 trillion as income tax in the second quarter of 2024.…
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Ghana invited holders of roughly $13 billion of its international bonds to swap their holdings for new instruments on Thursday, more than…
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China vowed to encourage its more “powerful” companies to invest in Nigeria, which in turn said it was open to Chinese companies…
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Economy
Motorists, commuters groan as filling stations sell petrol at N1,100 per litre, Nigerians will sink deeper into poverty
Motorists and commuters across the country have lamented the hike in petrol pump price by the Nigerian National Petroleum Corporation Limited just…
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Federal Government has arraigned seven suspected illegal miners arrested in Kogi and Ondo states as part of efforts to sanitise the mining…
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Nigeria has spent $2.78 billion on servicing foreign debt in the first seven months of 2024, according to the international payment data…