Vehicle Importation falls 60.8% in H1 2024 – NPCC The number of vehicles imported into the country fell sharply by 60.4 per cent, year-on-year, YoY, to 10,991 in the first half of this year, H1’24, reflecting the impact of the naira depreciation and general economic...

Oil Theft: Nigeria lost about $10bn in seven months - Speaker Abbas Speaker of the House of Representatives, Abbas Tajudeen said on Thursday, July 25, that the country lost about 10 billion dollars in revenue to crude oil theft between January and July 2024. Speaking through...

East-West Road: FG Deploys Reinforced Concrete Tech on Highway Project The Federal Government has announced that it is deploying reinforced concrete technology on the long-delayed East-West road, which spans the South-south region of Nigeria. This move comes after threats of protests from the Movement for the...

Vice President Kashim Shettima will spearhead a stakeholder workshop aimed at bolstering Nigeria’s position within the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol. 

What you Need to Know About Nigeria’s 2024 Half-year Inflation Report By Zekeri Laruba Idakwo Nigeria's inflation rate has skyrocketed to a staggering 34.19% in June 2024, marking the highest reading since March 1996. This alarming surge is likened to a wildfire, spreading rapidly and leaving...

Finance Minister Advocates Social Protection Policies to Aid Economic Reform The minister of finance and coordinating minister of the economy, Wale Edun, has advocated for social protection policies alongside economic reforms to address the increased cost of living in Nigeria. In his remarks at the 3rd...