adminFilling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute
Filling stations in Lagos, Nigeria’s commercial capital city, have increased the price of a litre of petrol from ₦860 to ₦930, making consumers pay at least ₦70 more than what…
Electricity consumption up, production growth down in Q4 – CBN report
The Nigerian electricity sector slowed in the fourth quarter of 2024, with the electricity production index declining by 1.64% year-on-year. Data from the Central Bank of Nigeria says this…
Nigerians spent N21tn on food importation – Report
A total of N21.51tn was spent on the importation of various goods, including foodstuffs and other items, by Nigerians over the past four years, data from the National Bureau…
World Bank expresses concern over Nigeria’s data, statistics quality
The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil. According…
Reps pass tax reform bills
The House of Representatives on Tuesday passed the four tax reform bills transmitted to the National Assembly in October 2024 by President Bola Tinubu. Recall that the House had…
NBS says Nigeria’s inflation dropped to 23.18% in February, yet food prices are still high
The National Bureau of Statistics, in its latest report released on Monday, said the country’s headline inflation rate dropped to 23.18 per cent in February 2025 from 24.48 per…
Nigeria spent $5.47bn on foreign debt servicing, says CBN
Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on…
Fubara Writes Rivers Assembly Again, Proposes Wednesday For 2025 Budget Presentation
Rivers State Governor, Siminalayi Fubara, has again written to the Rivers State House of Assembly, proposing Wednesday, March 19, 2025, as the new date for the presentation of the…
I’m Ready To Re-Present Budget Despite Being Locked Out — Fubara
Rivers State Governor, Siminalayi Fubara, has expressed dissatisfaction over the action of the Rivers State House of Assembly, denying him entry from the quarters on Wednesday. Fubara addressed residents…
Fubara writes speaker, requests to present 2025 budget
Rivers State Governor, Siminalayi Fubara, has officially written to the state House of Assembly, notifying the lawmakers of his intention to present the 2025 Appropriation Bill for consideration and…
68m Poor Nigerians captured in National Social Register – Report
The National Social Safety Net Coordinating Office (NASSCO), says it has so far captured more than 68 million poor and vulnerable Nigerians into the National Social Register (NSR). NASSCO…
Petrol imports jump 105% to N15tn – NBS report
Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel, according to findings by The PUNCH. The…
Catholic bishops berate Tinubu’s administration, lament policies pushing millions into poverty
The Catholic Bishops’ Conference of Nigeria (CBCN) says the economic reforms introduced by President Bola Ahmed Tinubu’s administration has triggered sky-rocketing inflation and pushed millions of Nigerians into poverty.…
Rivers assembly gives Fubara 48 hours to submit 2025 budget
The Rivers State House of Assembly has given the state governor, Similaya Fubara 48 hours to present the 2025 budget to the lawmakers. The lawmakers made the request during…
Direct CBN to suspend ATM fee hike pending court verdict, SERAP tells Tinubu
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “direct Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) to suspend the implementation of…