Economy

Economic activities face second month of contraction, CBN PMI reveals

Economic activities in Nigeria have recorded a second consecutive month of contraction, as shown in the November 2024 Purchasing Managers Index (PMI) released by...

NCFRMI, NALDA sign MoU to improve the livelihoods of IDPs

The National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI) in collaboration with the National Agricultural Land Development Authority (NALDA) on Wednesday signed...

VAT decentralisation may cost states over 50% of revenue: Taiwo Oyedele

Taiwo Oyedele, the chairman of the Presidential Fiscal Policy and Tax Reforms Committee, said decentralisation of Value Added Tax (VAT) collection will lead to...

Bayelsa Government approves ₦80,000 minimum wage for LGA workers

The Bayelsa State Government has approved the payment of ₦80,000 as minimum wage for staff of local government councils after pressure from the Nigeria...

Operation cost: Aba Power Limited seeks upward review of electricity tariff 

Aba Power Limited Electric (APLE) has applied to the Nigerian Electricity Regulatory Commission (NERC) for an upward review of electricity tariff in its franchise...

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