Economy

1018 Articles
Economy

Nigeria Customs Service Records N2.93tn Revenue at Apapa Command in 2025

The Nigeria Customs Service (NCS) has announced robust revenue performance at its Apapa Area Port Command, collecting a total of N2.93 trillion in...

Economy

PETROAN Calls for Steady Crude Supply, Predictable Pricing to ilise Fuel in 2026

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government and regulators to ensure steady crude supply to...

Economy

Togo, Niger, and Benin Owe Nigeria $17.8m for Electricity Supplied in Q3 2025

Nigeria is yet to receive $17.8 million (over N25 billion at current exchange rates) from Togo, Niger, and Benin for electricity supplied under...

Economy

Cooking Gas Prices ilise as Supply Improves, Retailers Sell Between N1,000 and N1,400 per Kg

There is cautious optimism among liquefied petroleum gas (LPG) retailers as cooking gas becomes more readily available, with prices currently ranging between N1,000...

Economy

States to Receive N5.07tn VAT Allocation in 2026 as New Sharing Formula Takes Effect

Nigeria’s 36 states are projected to receive a combined N5.07tn as their share of Value Added Tax (VAT) in 2026, following the implementation...

Economy

Peter Obi Slams Tinubu Over ₦8 Trillion NNPCL Debt Cancellation

Former Labour Party presidential candidate Peter Obi has strongly criticised President Bola Ahmed Tinubu for approving the cancellation of about ₦8 trillion in...

Economy

SEC Warns Nigerians Against Fake Voya Investment Management Platform

The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians to avoid an online investment platform operating under the name...

Economy

Marketers Plan Further Petrol Price Cut to N750/Litre Nationwide

Nigerian petroleum products marketers have announced plans to further reduce the pump price of premium motor spirit (PMS) to about N750 per litre...

Economy

Turkey’s Yearly Inflation Declines to 30.9% in December 2025

Turkey's annual inflation rate decreased to 30.89% in December 2025, down from 31.07% in November and significantly lower than the 44.4% recorded in...

Economy

Tinubu’s 5% Fuel Tax Delayed; Finance Minister to Reveal New Date

The Nigerian government has decided to postpone the introduction of a 5% fuel tax originally set for January 2026. Finance Minister Wale Edun...