NBS
Nigeria recorded N7.4trn trade surplus in Q2 2025 – NBS
The National Bureau of Statistics (NBS) reports that Nigeria had a trade surplus of N7.46 trillion in the second quarter (Q2) of 2025. A trade surplus is an economic indicator…
Femi Falana
World Bank, IMF pushed Nigeria to remove subsidy – Falana
Femi Falana, human rights lawyer and senior advocate of Nigeria (SAN), says the World Bank and the International Monetary Fund (IMF) pushed the federal government to remove the petrol subsidies.…
Wale Edun, Minister of Finance
No immediate plans to implement 5% fuel tax – Wale Edun
The federal government says it has no imminent intentions to apply the 5% fuel levy outlined in the newly passed Tax Administration Act 2025. Wale Edun, Minister of Finance and…
FCCPC
FCCPC unveils new rules for digital lenders to curb harassment
The Federal Competition and Consumer Protection Commission (FCCPC) has issued new measures to combat harassment, data breaches, and predatory behaviour in Nigeria's digital lending industry. The FCCPC said on Wednesday…
Nigeria’s six-month export ban triggers 33% fall in shea nut prices
The price of shea nuts has plunged in Nigeria following the government’s decision to join other West African nations in halting exports. This is according to a Bloomberg report. According…
FAAN restarts direct cargo revenue collection after 15 years
The Federal Airports Authority of Nigeria (FAAN) has marked a "historic milestone" by resuming direct revenue collection at Murtala Muhammed International Airport's (MMIA) cargo facilities in Lagos after 15 years.…
Nigeria seeks stronger Japan relations, UN Security Council push at TICAD9 – Tuggar
Nigeria is using the Tokyo International Conference on African Development (TICAD) to fortify its ties with Japan and mobilise support for Africa's participation in international decision-making organisations, according to Foreign…
NCCC, California forge new climate-economic partnership
Nigeria’s National Council on Climate Change (NCCC) has opened a fresh front in US-Nigeria relations with a landmark engagement of a California delegation in Abuja. The high-powered California team, led…
Senate asks LGAs to tap into capital market
The Senate Committee on Capital Markets and Institutions says local governments should use the capital market to fund important projects rather than relying on federation allocations. This was noted in…
ICRC eases approval process to fast-track PPPs
ICRC eases approval process to fast-track PPPs
The Infrastructure Concession Regulatory Commission (ICRC) has issued new rules to expedite public-private partnership (PPP) projects while decentralising approval authorities. The framework, released under the statutory authority of the ICRC…