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Report Reveals Rent Takes Up 70% of Household Income

Report Reveals Rent Takes Up 70% of Household Income   Many Nigerian families are grappling with severe financial strain as housing costs continue to soar, with rent now consuming as much as 70 per cent of their monthly income, a new report by the State of...

FEC Approves N900bn to Upgrade Aviation Infrastructure

The federal executive council (FEC) has approved contracts worth over N900 billion for infrastructure upgrades in the country’s aviation sector.

US Hits Nigeria with 15% Import Tariff in Revised Trade Policy

US Hits Nigeria with 15% Import Tariff in Revised Trade Policy Nigeria and a raft of African countries have been hit with a 15 percent import tariff following a sweeping executive order from United States President Donald Trump. The White House announced the modified reciprocal tariff...

FEC Approves N145bn Electrification Projects for ABU, OAU, Others

The Federal Executive Council (FEC) on Thursday approved ₦145 billion for electrification projects in eight federal universities and one teaching hospital.

FG, WCO to Train Three million Exporters on AfCFTA Rules

The Federal Government, in preparation to take advantage of the African Continental Free Trade Area (AfCFTA) agreement, has partnered with the World Customs Organization (WCO.

Forex Traders Attribute Naira Gains to Dollar Surplus, Enhanced Security

Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market to the excess dollar supply.