Nigerians backlash trails FG’s plan to raise electricity tariff
If you increase across boards, what assurance will there be of cost‑reflective service? In the last 10 years, we’ve only added 400 megawatts
Business and Economy
After U.S. clampdown, UAE blocks Nigerian transit visas, limits tourist access
Barely 24 hours after the United States announced sweeping visa restrictions for Nigerian nonimmigrant travellers, the United Arab Emirates has followed with a sharp escalation of its own immigration policy.
Tinubu’s transparency claims questioned as procurement audit reveals irregularities
Contracts People Nigeria Limited was ineligible for government contracts in 2024
Understanding Trump’s 1% remittance tax: Key details and impact
This is the first time such a tax is being introduced, and while 1% is still a new cost, it’s a big relief compared to what was originally planned. And the tax applies only to cash, money orders, and cashier’s checks – bank transfers exempt
No hidden fees in $50 non-resident BVN charge, CBN clarifies
The Central Bank of Nigeria (CBN) has clarified that there are no hidden charges associated with the recently launched non-resident bank verification number (NRBVN) platform.
Data gap widens as NBS withholds GDP, VAT, labour reports
The absence of timely data is raising concerns among economists and investors
‘Tinubu’s reforms working’: Supporters praise resumption of dollar payments
Nigerian banks have resumed international transactions on naira cards, nearly three years after the suspension due to foreign exchange (FX) shortages.
We’re burdened by high tariffs and unreliable electricity, say Band A customers
Over a year after the Nigerian government removed subsidies and increased electricity tariffs for Band A customers by over 300%, consumers are decrying exorbitant charges amid unreliable power supply.
Nnpcl slashes fuel price to ease consumer burden
Dangote Refinery has lowered its petrol ex-depot price from N880 to N840 per litre.
Poverty, hunger worsening under Tinubu, IMF says, but praises economic reforms
Poverty and food insecurity have risen, and the government is now focused on raising growth.