Browsing Tag
Economy
524 posts
Dangote Refinery Lowers Fuel Prices Once More
Dangote Refinery has slashed its petrol gantry price by N50, bringing the rate to N1,125 per litre as global crude prices stabilize.
Government intends to reassess the current N70,000 minimum wage
Chief of Staff Femi Gbajabiamila has announced that the administration will review the existing N70,000 minimum wage to better align with current economic realities.
Gbajabiamila claims Tinubu inherited a failing economy
President Tinubu's Chief of Staff, Femi Gbajabiamila, argues that difficult economic reforms were necessary to save Nigeria from collapse, despite the immediate hardships they caused for citizens.
Rachel Reeves endorses Andy Burnham for prime minister
Chancellor Rachel Reeves has expressed her support for Andy Burnham as the next prime minister, while stressing the importance of maintaining strict fiscal discipline within the Labour Party.
Understanding how university subjects influence lifetime earnings
New research shows that university subject choices drastically impact lifetime earnings, with medicine leading to high returns while other degrees may provide little financial benefit.
Oil costs drop to pre-Iran conflict levels as shipping lanes reopen
Oil prices have returned to pre-conflict levels as commercial shipping lanes through the Strait of Hormuz begin to reopen following recent US-Iran negotiations.
Government implements temporary VAT reduction on family activities and children’s meals
A temporary VAT reduction on family attractions and children's meals launches this week, though experts and businesses question its overall effectiveness and implementation costs.
Spyro Accuses Nigerian Clerics of Profiting from National Crisis
Singer Spyro claims that religious leaders in Nigeria are exploiting the country's insecurity and economic hardship for financial gain, urging them to prioritize their congregants' welfare instead.
PwC Report Highlights Resilient Growth Trends Among African Family Enterprises
PwC's 2025 survey reveals that African family businesses are outperforming global sales averages by prioritizing technology, reputation, and disciplined growth strategies.
Five West African Nations Establish Authority to Manage $16 Billion Abidjan-Lagos Highway
Nigeria and four regional partners have launched a management authority to oversee the development of the $16 billion Abidjan-Lagos highway project.