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Economy

It’s always about the economy, stupid…

Economy

Irregular Remittances: NNPC Owes Federation Account ₦6.57 Trillion, Says FAAC

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Nigerian National Petroleum Company Limited (NNPCL) is indebted to the federation to the tune of ₦6.57 trillion as of May...
Economy

Buhari’s Excessive Borrowing and Money Printing Wrecked Naira, Says Oshiomhole

Jackson Kachi | Senior News Editor -
BENIN CITY, Nigeria — Senator Adams Oshiomhole, the legislator representing Edo North, has attributed the collapse of the naira and the ongoing cost of living...
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...
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