Economy

Economy

Economics and Sociology

Naira Depreciates Against US Dollar Ending Negative

Naira Depreciates Against US Dollar Ending Negative

Africa-Press - Nigeria. The naira continued depreciation against the United States dollar on Friday at the official foreign exchange market to end the week...
Nigerian Discos Revenue Reaches N196.26 Billion

Nigerian Discos Revenue Reaches N196.26 Billion

Africa-Press - Nigeria. The eleven electricity distribution companies in Nigeria raked in N196.26 billion as revenue for September 2025. This is according to the Nigerian...
Budget 2026 Review Should Be Thorough and Transparent

Budget 2026 Review Should Be Thorough and Transparent

Africa-Press - Nigeria. The Speaker of the Lagos State House of Assembly, Hon. Mudashiru Obasa, has charged fellow lawmakers to be thorough and transparent...
NNPCL reveals reason behind N5.4trn profit after tax

NNPCL reveals reason behind N5.4trn profit after tax

Africa-Press - Nigeria. The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, has explained that the state-owned firm’s N5.4...
Budget 2026 Review Should Be Thorough and Transparent

Budget 2026 Review Should Be Thorough and Transparent

Africa-Press - Nigeria. The Speaker of the Lagos State House of Assembly, Hon. Mudashiru Obasa, has charged fellow lawmakers to be thorough and transparent...
Ekiti government approves N9.8bn projects

Ekiti government approves N9.8bn projects

Africa-Press - Nigeria. The Executive Council of the Ekiti State Government, under the leadership of Governor Biodun Oyebanji, has approved a total of N9.829...
YEDC announces week-long power outage across Adamawa, Taraba

YEDC announces week-long power outage across Adamawa, Taraba

Africa-Press - Nigeria. Business activities in Adamawa and Taraba states are expected to slow down next week as the Yola Electricity Distribution Company, YEDC,...
Nigeria’s VAT Revenue rises 32% to N2.06tn in Q2 2025 — NBS

Nigeria’s VAT Revenue rises 32% to N2.06tn in Q2 2025 — NBS

Africa-Press - Nigeria. Nigeria’s value-added tax (VAT) revenue collections rose to N2.06 trillion in the second quarter of 2025, according to a new report...
Firm Unveils Marketplace Naija Platform for Safer Trading

Firm Unveils Marketplace Naija Platform for Safer Trading

Africa-Press - Nigeria. A Nigerian digital firm unveiled Marketplace Naija, a safer online structured trading platform in the country’s financial ecosystem. In a statement by...
Customs Board Approves New Management Team Promotions

Customs Board Approves New Management Team Promotions

Africa-Press - Nigeria. The Nigeria Customs Service Board, NCSB, has approved the appointment of new management officials and granted special promotions during its 64th...