Economy

Economy

Economics and Sociology

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...
Shehu Sani Seeks Explanation on N7trn Fuel Subsidy

Shehu Sani Seeks Explanation on N7trn Fuel Subsidy

Africa-Press - Nigeria. Former federal lawmaker Senator Shehu Sani has called on the Nigerian National Petroleum Company Limited, NNPCL, and the Minister of Finance,...
Naira appreciates against US dollar to begin week

Naira appreciates against US dollar to begin week

Africa-Press - Nigeria. The Naira appreciated against the United States dollar at the official market on Monday to begin the week on a bullish...
CBN Clarifies Minimum Capital for Holding Companies

CBN Clarifies Minimum Capital for Holding Companies

Africa-Press - Nigeria. The Central Bank of Nigeria, CBN, has issued a definitive directive detailing how financial holding companies should calculate their minimum paid-up...
Ebonyi Plans Cement Plant in 2026 Budget Infrastructure

Ebonyi Plans Cement Plant in 2026 Budget Infrastructure

Africa-Press - Nigeria. The Ebonyi State government has unveiled a landmark N884 billion budget proposal for the 2026 fiscal year, dedicating more than 84...
NNPCL Reports N5.4tn Profit on N45.1tn Revenue

NNPCL Reports N5.4tn Profit on N45.1tn Revenue

Africa-Press - Nigeria. The Nigerian National Petroleum Company Limited has announced its financial performance for the full year ended 2024, reporting a profit after...