Economy
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...
Petrol imports surge 96.7% in March: Marketers
The import of Premium Motor Spirit, also known as petrol, by oil marketers increased sharply in March 2026, surging by about 96.7 per cent...
