Monday, February 24, 2025

In Focus

Nigeria inflation at 26.7% in September – fastest in 20 years

The National Bureau of Statistics says Nigeria’s headline inflation rate increased to 26.72 percent in September, the highest in 20 years. The NBS disclosed this...

Oil spill at Shell facility fouls Bayelsa community

Residents of Peremabiri community in Bayelsa state's Southern Ijaw local government area say an oil spill from a Shell Petroleum facility has polluted water...

Tinubu’s EFCC chair appointment breaks with tradition and law

President Bola Tinubu has appointed Olanipekun Olukoyede as new chairman of the anti-graft body, Economic and Financial Crimes Commission (EFCC). Mr Olukoyede will replace Abdulrasheed...

Nigerian businesses under burden of over 60 taxes, govt says

The Nigerian government says the country seeks to cut the number of taxes at the federal, state and local government levels from about 62...

NNPC claims Nigeria no longer pays petrol subsidy. That’s unlikely

The Nigeria National Petroleum Corporation Ltd. on Monday denied the government paid petrol subsidy despite the price control in place and the rising oil...

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