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Tag: Nigeria Economy

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FG Seeks Stronger Collaboration with UNDP on Development Reforms

The Federal Government has commended the United Nations Development Programme (UNDP) for its support to Nigeria’s development efforts and called for deeper collaboration to advance ongoing reform programmes.

OPL 245 Settlement: Nigeria’s Economy Set To Soar Under Tinubu’s Leadership

The Attorney-General, Lateef Fagbemi, says the resolution of OPL 245 will strengthen Nigeria’s economy, attract investment, and enhance fiscal stability, praising President Bola Tinubu’s leadership.

Power Reform: Tinubu Inaugurates Committee For New Grid Asset Management Company

President Bola Tinubu has inaugurated an 11-member committee to facilitate the establishment of the Grid Asset Management Company Limited (GAMCO) aimed at improving power generation, transmission and grid management in Nigeria.

Tinubu Signs Sweeping Executive Order To Boost Federation Oil Revenue

President Bola Tinubu has signed a sweeping Executive Order mandating direct remittance of oil and gas revenues to the Federation Account, targeting revenue leakages and restructuring NNPC Limited’s deductions.

CBN Boosts BDC Liquidity With Fresh $150,000 Weekly FX Approval

CBN approves weekly access of up to $150,000 for licensed BDC operators in the Nigerian Foreign Exchange Market, with strict compliance and transparency rules.

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Tragic Crash: Tanker Accident Claims Tricycle Rider’s Life In Anambra

A fatal accident involving a tanker and a tricycle in Anambra has left one person dead, with authorities blaming brake failure and urging stricter safety compliance among drivers.

2.2 Million Candidates Sit For 2026 UTME Nationwide

Over 2.2 million candidates have begun the 2026 UTME across Nigeria, as JAMB deploys advanced technology and strict measures to ensure a credible examination process.

Major Security Breakthrough: Police Foil Bomb Plot, Arrest Six Suspects In Ondo

Police in Ondo State have foiled a bomb plot in Akure, arresting six suspects and recovering materials linked to the construction of explosive devices.

ESIRS Chairman Pushes Tax Harmonisation, Warns Against Non-Compliance as New Regime Targets SMEs

Enugu State’s tax authority is driving sweeping tax reforms aimed at simplifying compliance and supporting SMEs, while warning of stricter enforcement under Nigeria’s new tax regime.

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