The Academic Staff Union of Universities (ASUU) has expressed disapproval of the Federal Government’s allocation of just 7 percent (N3.52 trillion) to education in the 2025 budget. 

Taiwo Oyedele, Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, has clarified that individuals earning N1.7 million or less a month will see a reduction in Pay As You Earn (PAYE) taxes under the proposed Tax Amendment Bills, contrary to some speculations. 

According to the latest data from the Central Bank of Nigeria's (CBN) Money and Credit Statistics, Nigerians withdrew N364.38bn from banks in November 2024 due to the cash scarcity affecting many parts of the country. 

The Nigerian stock market wrapped up yesterday with a 37.65 percent return for the year, placing it among the three highest returns worldwide. 

Marketers Predict Fuel Price Drop as Warri Refinery Resumes Production   The Nigerian Midstream and Downstream Petroleum Regulatory Authority and oil marketers have announced that the resumption of operations at the Warri Refining and Petrochemicals Company Limited is expected to lead to a further reduction in...

Currency in Circulation Hits N4.8trn Amidst Cash Crunch   The total currency in circulation in Nigeria reached N4.8 trillion in November 2024, up 7% from the previous month and representing an all-time high. Also, currency outside banks grew significantly in the same month hitting an all-time high of N4.6...