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Economy
1085 posts
Price of 5kg cooking gas jumped to N6,430 in August: NBS
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,974.55…
MAN lauds potency of FG’s stabilisation plan
The Manufacturers Association of Nigeria (MAN) has acknowledged the potency of the federal government’s Accelerated Stabilisation and Advancement…
Explainer: What does a Fed rate cut mean for American households?
The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed…
Cautious Bank of England hold rates, extends bond reduction plan
The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future…
Directors recommend balance approach to FG’s duty-free food policy
The Chartered Institute of Directors (CIoD) has made recommendations for the government’s consideration to provide a balanced approach…
FG’s revenue increased to N9.1trn in Q1; no increase in taxes: Finance Minister
Minister for Finance and Coordinating Minister of the Economy, Wale Edun, on Tuesday in Abuja, said the federal…
Electricity, security, youth entrepreneurship key to Nigeria’s economic prosperity, says Elumelu
By Tochukwu Bliss, Abuja For Nigeria to return to the path of economic prosperity, governments at all levels…
VAT remains 7.5%, insists Edun
By Tochukwu Bliss, Abuja Minister of Finance and Coordinating Minister of the Economy, Wale Edun, today, debunked widespread…
Tinubu’s govt has ruined businesses with petrol price hike: MAN
The Chairman, Manufacturers Association of Nigeria (MAN), South-West, Lanre Popoola, said the recent fuel pump price increase had…
NIM urges FG to take steps to mitigate effects of fuel price hike
The Nigerian Institute of Management (NIM) has urged the federal government to take urgent steps to forestall economic…