House Of Reps Orders NERC, DISCOs To Suspend Planned Review Of Tariff

The House of Representatives, through its committee on Power, has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend its planned electricity increment.

Oil Price Surge After Iran Launches Attack On US Base In Baghdad

The crude oil price has on Thursday experience an unprecedented surge following the attack on the United States military base in Baghdad by the Iranian government which triggered apprehension in the Middle East oil market.

Buhari Reviews VAT, As Finance Bill Becomes Law

President Muhammadu Buhari on Monday signed the 2019 finance bill into law in Abuja. Following the development, the Value Added Tax (VAT) in Nigeria is now officially 7.5 percent from 5 percent.

Fuel Scarcity Hits Kwara

The Speaker of the Kwara State House of Assembly, Hon. Yakubu Danladi has raised alarm over fuel scarcity in four districts of Baruten Local Government of the state. 

President Buhari Signs Finance Bill Into Law

President Muhammadu Buhari on Monday signed into Law the Finance Bill, 2019. The President made this known on his Twitter handle @MBuhari.

You Can't Compel Buhari To Declare Asset Publicly, Presidency Tells SERAP

The Presidency on Monday responded to the demand of Socio-Economic Rights and Accountability Project, SERAP that President Muhammadu Buhari, Vice president Yemi Osinbajo and all 36 governors should declare their assets publicly or risk being dragged to court. 

Banks Borrow ₦19.6tn From CBN Despite World Bank Warning

The Nigerian commercial banks have borrowed a total of N19.64 trillion from the Central Bank of Nigeria (CBN) in 2019, indicating an increase of 73 percent from that of 2018.

2020: FG To Lift 100 Million Nigerians Out of Poverty

Nigeria's Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has disclosed that as part of plans the ministry has for 2020 is to lift over 100 million Nigerians out of poverty.

Customs Exceeds Target By N404bn, Generates N1.3tr In 2019 - CG

The Nigeria Customs Service (NCS) on Thursday, 9th January 2019 disclosed that it has generated N1.341 trillion as revenue for the year 2019, exceeding the target of N937 billion by N404bn revenue.

PDP Rages Over Increase In Electricity Tariff, Calls On NASS To Wade In

The Peoples Democratic Party, PDP, on Sunday rejected the over 200 percent increase in electricity tariff announced by the President Muhammadu Buhari-led administration.