The Senate gave its approval on Tuesday for the 2025–2027 Medium Term Expenditure Framework and Fiscal Strategy Paper submitted earlier by the President Bola Tinubu as he prepares to present the 2025 budget to the National Assembly this week. 

Tech Giants Contribute $1.5 Billion in Taxes to Nigeria in First Half of 2024 In a significant boost to Nigeria's digital economy, foreign digital companies, including major players like Google, X (formerly Twitter), Microsoft, and TikTok, have collectively paid over N2.55 trillion (approximately $1.5 billion)...

Forex Turnover in NAFEM Rises by 61% to $43bn   The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market (NAFEM) rose Year-on-Year (YoY) by 61.9 percent to $43.09 billion in the first eleven months of 2024 (11M’24) from $26.6 billion in the corresponding...

Report Reveals Nigeria, Others Need $100/Barrel Oil to Balance Budgets   Emerging economies that produce oil, like Nigeria, Angola and Ecuador, need prices to be around $100 per barrel to balance their budgets, according to a report by Reuters on Monday. It noted that lower oil prices...

SHOCK: Top Public Officer Forfeits 753 Houses in Abuja The Economic and Financial Crimes Commission says a former top official of the Federal Government has lost 753 duplexes and other apartments to corruption. The anti-graft agency has not disclosed the identity of the top government official...

PRNigeria Centre Hosts Young Communication Fellowship in Kano City The PRNigeria Young Communication Fellowship has officially commenced its third batch in Kano City, featuring 10 enthusiastic participants eager to enhance their communication skills. This mentorship initiative is organized by Image Merchants Promotion (IMPR), the parent...