Economy

Court overturns suspension of UI students over fee hike protest

The Federal High Court sitting in Ibadan, Oyo State, has ordered the management of the University of Ibadan to reinstate three students suspended for...

FG may begin paying contractors this week, Reps reveal

There are fresh indications that contractors owed by the Federal Government for capital projects executed in the 2024 fiscal year may soon receive part...

IMF chair urges countries to seek financial help early

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has advised countries facing economic pressures to act swiftly in seeking financial support...

Nigeria loses 41% of ₦84tn revenue to deductions: World Bank report

Nigeria’s federation revenues rose to ₦84 trillion over the past three years, but 41 per cent of these earnings was lost to pre-distribution deductions,...

Old tax laws made Nigerians poor: Tinubu 

President Bola Tinubu has said that colonial-era tax laws contributed to economic hardship in Nigeria, arguing that fragmentation, multiplicity and inconsistencies in the old...

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