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Economy

It’s always about the economy, stupid…

Economy

Nigeria Ranked 12th Poorest Country Globally by GDP Per Capita in 2025 — IMF Report

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita, according to new...
Economy

Senate Gives NNPC 10-Day Ultimatum Over N210 Trillion Financial Discrepancy

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Senate Committee on Public Accounts has issued a 10-day ultimatum to the Nigerian National Petroleum Company (NNPC) Limited to respond...
Economy

Tinubu Signs 4 Tax Bills Into Law, Implementation Set for 2026

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has announced that the newly signed tax reform laws will...
Business

NNPC Raises Petrol Price to ₦915 in Lagos, ₦945 in Abuja

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of petrol to ₦915 per litre in Lagos and...
Economy

NLC Begins Negotiations with FG, Demands ₦1 Million Minimum Wage

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Nigeria Labour Congress (NLC) has formally initiated negotiations with the Federal Government for a revised national minimum wage of ₦1...
Economy

Senate Orders NNPCL to Explain ₦210 Trillion Audit Discrepancy

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Senate on Wednesday, June 18, 2025, issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to clarify discrepancies...
Economy

Ndokwa Residents Protest Over 16-Year Power Outage

Jackson Kachi | Senior News Editor -
KWALE, Nigeria — Hundreds of residents from the Ndokwa area of Delta State on Monday, June 16, 2025, staged a large-scale protest over the...
Crime

Emefiele Granted ₦2 Billion Bail Over Alleged Estate Fraud, Proxy Accounts

Jackson Kachi | Senior News Editor -
ABUJA — A High Court of the Federal Capital Territory (FCT) on Monday, June 16, 2025, granted bail in the sum of ₦2 billion...
Business

Mohammed Abacha Escalates Malabu Oil Battle to Supreme Court in Bid to Reclaim Controversial Asset

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Mohammed Abacha, son of the late military Head of State, General Sani Abacha, has initiated legal proceedings to appeal a recent...
Business

Customs Grounds 60 Private Jets Over Unpaid Duties, Sparks Lobbying and Security Concerns

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Federal Government, through the Nigeria Customs Service (NCS), has grounded approximately 60 private jets across major Nigerian airports as part...
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