Nigeria monthly inflation at 7-year high after fuel subsidy removal
Nigeria recorded its highest monthly inflation rate in seven years in June, after President Bola Tinubu scrapped petrol subsidy and allowed the devaluation of...
Naira’s rapid fall prompts CBN intervention
The Central Bank of Nigeria is intervening to prevent the naira from falling more rapidly a month after the government eased controls for the...
Tinubu seeks N500 billion support for Nigerians after fuel subsidy removal
President Bola Tinubu has asked the National Assembly to authorize his government to spend N500 billion in supporting Nigerians following his government's removal of...
Only 9 Nigerian states got foreign investments in first quarter of 2023
Capital inflows into Nigeria declined 28% in the three months through March to $1.1 billion compared with a year ago, with 28 states receiving...
Tinubu appoints PwC partner Taiwo Oyedele as tax reforms chair
President Bola Tinubu has set up a tax reform committee and has appointed Taiwo Oyedele, a partner at PriceWaterhouseCoopers (PwC), a chairman.
The Presidential Committee...