economy

Customs probes extortion allegation at Lagos Airport

The Murtala Muhammed International Airport Command of the Nigeria Customs Service (NCS) has refuted allegations of extortion against the GHR Command by an American Returnee, Oke Adhekegba. The command’s Public…

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FIRS directs tax offices to open on weekends

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has directed the extension of tax office operations to weekends for the month of June. Adedeji gave the directive…

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Ngeria’s inflation rate drops further to 22.97% in May- NBS

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased further to 22.97 per cent in May 2025. The NBS disclosed this in its Consumer Price Index (CPI)…

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MD NRC to staff, adopt customer-friendly attitudes

…….inspects Abuja-Kaduna train facilities The Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa, has conducted an unannounced inspection of Idu Railway Station in Abuja. The visit aimed…

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Wema Bank gets upgraded in Fitch, GCR credit rating, affirm positive outlook

Credit rating agencies, Fitch and GCR, have upgraded the ratings of Wema Bank, further underscoring its capacity for long-term sustainability within the African banking ecosystem. According to a statement by…

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Minister: Let your training leads to more productive minerals sector

……Alake charges first batch of Nigerian mining professionals at Murdoch University, Australia The Minister of Solid Minerals Development, Dr. Dele Alake has officially launched a capacity enhancement programme for the…

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Minister assures farmers of FG’s security support

The Federal Government has assured farmers of adequate security to return to their farmlands ahead of this year’s rainy season to boost agricultural activities nationwide. Minister of State for Defence,…

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Nigeria seeks $25bn investment in undersea gas pipeline to Europe

Vice-President Kashim Shettima says Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline. Shettima disclosed this on…

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FG inaugurates committee to sell recovered 753 housing estates

The Minister of Housing and Urban Development, Ahmed Dangiwa, has inaugurated the Ministerial Committee on Technical Assessment, Completion Planning, and Disposal Strategy for 753-units Housing Estate. Dangiwa while inaugurating the…

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Economic Patriotism: Abdul Samad and Aliko Dangote example

By Otega Ogra and Temitope Ajayi There is a particular kind of silence that greets progress in Nigeria—when food prices fall, inflation slows, the country is positively recognised, debts paid,…

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