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Development
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FG, UNHCR PARTNER TO REBUILD DISPLACED COMMUNITIES

Barbara Bako, Abuja.     The Federal Government has partnered with the United Nations High Commissioner for Refugees (UNHCR) and private sector stakeholders to drive investment and restore livelihoods in communities affected by displacement across Nigeria. The collaboration centres on

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Economy
Editor

NESG SEEKS EDUCATION REFORM TO BRIDGE SKILLS GAP

Barbara Bako, Abuja.     The Nigerian Economic Summit Group (NESG) has called for urgent reforms to Nigeria’s education system, urging stronger collaboration between government, schools, employers and development partners to equip young people with skills needed for the country’s

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Economy
Editor

FG SLASHES INTEREST ON OVERDUE TAX

Barbara Bako, Abuja.     The Federal Government has introduced a lower interest rate for taxpayers who fail to pay their taxes on time, replacing the previous framework with a new market-based formula that takes effect on October 1, 2026.

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Business
Editor

OYEDELE PUSHES FOR CHEAPER CAPITAL FOR AFRICA

    Barbara Bako, Abuja.   The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to unlock affordable long-term capital for Africa, saying high borrowing costs remain one of the biggest

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Explainer
Editor

IST SET TO ADOPT NEW RULES AND GO DIGITAL

The Investments and Securities Tribunal (IST) has said it is set to adopt its new Rules of Engagement after its next board meeting that will be held in Port Harcourt, the Rivers State capital. This forms part of the plan

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Economy
Editor

NMDPRA MOVES TO CURB ANTI-COMPETITIVENESS PRACTICES

Barbara Bako, Abuja.     The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled draft regulations aimed at preventing anti-competitive practices in the petroleum industry, as part of efforts to promote fair market access, boost investment, and improve

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Economy
Editor

CBN CUTS INTEREST RATE TO 23%

Barbara Bako, Abuja.     The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 350 basis points to 23 per cent, citing easing inflation, exchange rate stability and stronger external reserves as signs that the economy

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