Trump Hikes General Import Tariff to 10%, 24% for Japan, 20% EU President of the United States of America, Donald Trump, on Wednesday announced that his government will impose a 10% tariff on all imports and much higher rates for some nations as a stark...

Sterling Bank Scraps Transfer Fees on Digital Transactions In a bold move to redefine customer-centric banking, Sterling Bank has scrapped transfer fees on all local online transactions, making it the first major Nigerian bank to eliminate the widely debated charges. The bank’s Growth Executive for Consumer...

Demand for African Airlines Rises 6.7% in One Year - IATA The International Air Transport Association has said African airlines saw a 6.7 per cent year-on-year increase in demand in February 2025 when compared to the same period in 2024. IATA also said that global total...

FG Revokes 1,357 Housing Units Allocation Over Default Payment The Federal Government has revoked the provisional allocation of houses under the National Housing Programme for 1,357 beneficiaries across 33 states due to failure to complete outright payment within the stipulated timeframe. The Federal Ministry of Housing...

Net FX Reserves Hit $23.11bn in 2024, Says CBN Nigeria’s net foreign exchange reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years, according to the Central Bank of Nigeria. In a press statement on Tuesday, the apex...

NESG Calls for VAT Hike to Sustain Govt Revenue The Nigeria Economic Summit Group has warned that the Federal Government could face revenue shortfalls if it does not increase the value-added tax rate as part of the ongoing tax reform process. The Chief Executive Officer of...