Economy
CBN’s gold assets climb to $3.5bn after new addition
The Central Bank of Nigeria (CBN) has received domestically sourced gold refined to international standards into the country’s foreign reserves, raising its total gold...
Airport gridlock: Tinubu suspends e-payment at toll gates
President Bola Tinubu has suspended the cashless payment system at airport toll gates across the country following widespread gridlock that has caused passengers to...
NERC orders DisCos to refund ₦20.33bn to metered customers
The Nigerian Electricity Regulatory Commission (NERC) has ordered all electricity distribution companies to pay ₦20.33 billion in outstanding meter reimbursements to customers under the...
FAAC: VAT revenue jumps to ₦1.08tn
Total Value Added Tax (VAT) earnings rose to ₦1.08 trillion in January as a new sharing formula commenced, altering how the proceeds are split...
Money laundering: Court acquits ex-NDDC director, others in ₦3.6bn EFCC case
A Federal High Court sitting in Lagos on Tuesday discharged and acquitted a former Executive Director of Projects, Niger Delta Development Commission (NDDC), Tuoyo...
