Browsing Tag
Economy
524 posts
US Report Claims Global Partners Aided China in Tariff Evasion
The White House has accused over 40 countries of helping China bypass US tariffs through transshipment, potentially complicating upcoming trade negotiations.
South-East Business Owners Struggle Under Economic Pressure and Rising Expenses
Traders across South-East Nigeria report falling sales and high operating costs, urging the government to provide financial relief and address infrastructure and tax challenges.
Heatwaves Hinder Big Issue Sellers as Incomes Decline
Severe UK heatwaves have caused a sharp decline in Big Issue magazine sales, leaving vendors struggling to meet basic financial needs as fewer people venture out in the extreme temperatures.
President Tinubu Promises Refinery Restoration and Expanded CNG Access
President Bola Tinubu has confirmed plans to revive state refineries and expand the CNG initiative while calling on transport operators to pass savings on to commuters.
President Tinubu Pledges to Revitalize NNPC Refineries
President Bola Tinubu has vowed to restore the NNPCL refineries to profitability, stating that he accepts full responsibility for the inherited assets and liabilities to serve the interests of the Nigerian people.
ICPC Chief Identifies Corruption as Nigeria’s Primary Obstacle
ICPC Chairman Dr. Musa Adamu Aliyu warns that systemic corruption and ghost worker schemes are crippling Nigeria's economy, calling for urgent reforms and educational initiatives to restore integrity.
Ogun Customs Confiscates N3.57 Billion in Contraband, Issues Warning to Smugglers
The Ogun I Area Command of the Nigeria Customs Service has seized N3.57 billion worth of smuggled goods and illicit drugs, vowing to intensify enforcement to protect local industries.
US State Department findings support Atiku’s criticism of Tinubu administration’s fiscal practices
A recent U.S. Department of State report on Nigeria's fiscal transparency has been cited by Atiku Abubakar as validation of his ongoing criticism of President Bola Tinubu's financial management.
United Nigeria Airlines Reveals Financial Strain Due to Escalating Costs
United Nigeria Airlines management reports that surging operational costs, exacerbated by the Middle East crisis, are forcing the company to utilize reserve funds to sustain operations.
Central Bank of Nigeria lifts decade-long ban on local investor OMO participation
The Central Bank of Nigeria has ended its seven-year ban on local participation in Open Market Operations, granting individuals and corporations access to the market while simultaneously lifting various discount window restrictions.