Nigeria's Annual Loss to Medical Tourism Hits $1.1bn - Afreximbank
The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and...
Foreign Investment in NGX Jumps by 88% to N118.9bn
Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rose in May, climbing by 88.54 per cent to N118.91bn from N63.07bn recorded in April 2025.
This is according to the latest Domestic...
Nigeria Exports 82% of Crude Oil as Local Refineries Struggle
Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025.
According to a report published...
Senate Slams NNPCL for Rejecting N210trn Audit Investigation
The Nigerian National Petroleum Company Limited (NNPCL) on Thursday failed to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over N210tn in its audited reports from...
Why Tinubu Replaced FIRS with NRS in Sweeping Tax System Overhaul
In a bold move to modernize Nigeria’s fiscal landscape, President Bola Ahmed Tinubu has signed into law four transformative tax reform bills, effectively dissolving the Federal Inland Revenue Service...
FIRS Scrapped as Tinubu Signs Landmark Tax Reform Bills to Modernize Fiscal System
In a major milestone for Nigeria’s economic reform agenda, President Bola Ahmed Tinubu on Thursday signed into law four transformative tax reform bills aimed at overhauling the...
