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Economy
334 posts
Cardoso and Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja
Central Bank Governor Olayemi Cardoso and WTO leader Ngozi Okonjo-Iweala will headline the 7th Africa Emerging Markets Forum in Abuja to address economic resilience.
Government Increases Mortgage Loan Cap to ₦85 Million to Boost Homeownership
Dr. Muttaqha Rabe Darma announced that the government has raised the mortgage loan ceiling to ₦85 million and is introducing new regulatory policies to protect homebuyers and improve the housing sector.
Nigeria records ongoing drop in cooking gas costs
Liquefied Petroleum Gas prices in Nigeria have fallen over the last three weeks due to an influx of imports, according to recent market surveys.
OTACCWA Predicts Impending Rice and Tomato Shortages in Nigeria
An agriculture expert warns that Nigeria faces looming shortages of rice and tomatoes within three months, driven by rising costs, insecurity, and declining production.
Questions Surround N17.5 Trillion NNPCL Receivables Amid Subsidy Removal
Former NACCIMA President Dele Oye argues that the N17.5 trillion in NNPCL receivables acts as a disguised fuel subsidy, calling for a forensic audit to ensure transparency.
ECOWAS Mandates Release of Nigerian Onion Trucks in Ghana
ECOWAS intervened to secure the release of five Nigerian onion trucks detained in Ghana, though regional agricultural groups are calling for a permanent trade framework to prevent future disputes.
Energy Expert Alleges Government and DisCos Plotting Tariff Hike to Enrich Themselves
Energy expert Pricewill Okorie claims the Nigerian government and electricity distributors are raising tariffs to enrich themselves rather than improving power sector performance.
Taiwo Oyedele Launches Committee to Craft 2026 VAT Modification Order
Finance Minister Taiwo Oyedele has inaugurated an Inter-Ministerial Committee to draft the 2026 VAT Modification Order, aiming to streamline tax administration and support Nigeria's economic reform agenda.
Understanding Nigeria’s Tax Reform: A Guide for Citizens and Businesses
An exploration of Nigeria's recent tax reforms, designed to help everyday citizens and business owners understand their obligations and the broader implications for the economy.
Private sector leaders warn that raising pension contributions threatens jobs
Nigeria's private sector umbrella group, OPSN, is pushing back against a proposed hike in pension contributions, warning that it will trigger job losses and stifle business growth.