Food Inflation Soars, Expected To Surpass 40%
Food inflation is expected to surpass 40% in December as consumer prices continue to rise. Economic experts have attributed this trend to challenges in food production in northern Nigeria, increased…
Court Restricts ICPC’s Powers To Freeze Accounts
The Federal High Court in Abuja has reduced the maximum duration for freezing suspicious bank accounts by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to 72 hours.…
2025 Budget: FEC Directs Final Adjustments Ahead of Tinubu’s Presentation on Wednesday
The Federal Government approved the 2025 budget proposal on Monday, following the Senate’s recent endorsement of the Medium-Term Expenditure Framework (MTEF) for 2025–2027 on November 22. President Bola Tinubu is…
Tinubu Advocates Tax Reforms To Promote Equity
President Bola Tinubu on Monday defended his four tax reform bills currently being reviewed by the National Assembly. These bills, which have sparked significant debate, particularly in the North, are…
Addressing overlap in operations of law enforcement agencies – Dr.Muiz Banire
A country can have the best of laws, in quality and volume but still, operates as a jungle. This occurs where the laws only exist in the books and not…
Oil Producers and NMDPRA Clash Over Petroleum Levy Collection
A disagreement has arisen between oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the collection of a 0.5% wholesale price levy. The NMDPRA insists that…
Federal Government Sanctions Airlines on Delayed Ticket Refunds
The Federal Government, through the Nigerian Civil Aviation Authority (NCAA), has announced plans to sanction airlines that fail to refund passengers for cancelled or delayed flights exceeding five hours. This…
Oil Communities Demand Direct 13% Derivation Payment from Tinubu, NASS
The Association for the Promotion of Peace and Development in Itsekiri Oil and Gas Communities (APPDIOGCOM), a prominent group advocating for Niger Delta interests, has urged President Bola Tinubu and…
Naira Appreciates to ₦1,550/$ in Parallel Market
The Naira appreciated in the parallel market today, trading at ₦1,550 per dollar, compared to ₦1,555 per dollar over the weekend. In contrast, the Naira experienced a slight depreciation in…
Port Harcourt Refinery Nears Completion, Over 90% Done – Mele Kyari
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the rehabilitation of the new Port Harcourt refinery is over 90% complete. The Port Harcourt Refining Company (PHRC) operates two…