February Foreign Exchange Reserve Drops by $1.3bn
Nigeria’s foreign exchange reserves fell by $1.31bn in February 2025, reflecting sustained external pressures amid the recent appreciation of the naira.
Data from the Central Bank of Nigeria (CBN) showed that reserves declined from $39.72bn on January 31, 2025,...
Tinubu Rejects N942bn Census Budget
President Bola Tinubu has turned down a N942bn proposal by the National Population Commission (NPC) for the conduct of the national housing and population census.
Impeccable sources privy to the discussions between Tinubu and the commission’s top officials on Monday, February...
Nigeria's Telecom Industry Records $7.6bn Revenue in 2024
According to a report by PwC, Nigeria's telecommunications sector experienced substantial growth in 2024, with mobile service revenue totaling $7.6 billion.
The report also showed that the global telecommunications industry is projected to generate $1.3 trillion in total...
FG Rakes in N402.3bn Tax From Dangote
The Dangote Industries Limited, (Dangote Group), and its subsidiaries paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.
Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, who disclosed this yesterday in his...
The Financial Action Task Force (FATF) has approved Nigeria’s fifth progress report since the country was placed under jurisdictional monitoring in February 2023.
