From Marcus Nkire The African Development Bank, , has urged African central banks to adopt stricter monetary policies to curb rising inflation and stabilise economies across the continent. According to the Bank, African nations need prudent monetary and exchange rate policies capable of anchoring long-term inflation expectations amid persistent global economic uncertainties. The AfDB stressed…
From Marcus Nkire Street lighting is expanding across Aba through an initiative led by Alex Mascot Ikwechegh, the lawmaker representing Aba North and South Federal Constituency, also known as Onyeocha N’Aba. The programme is designed not only to brighten roads but to strengthen security, support business activities after dark, and improve daily life for residents….
From Seun Johnson Nigeria’s currency continued its downward trend against the United States dollar, marking a second straight week of depreciation across both official and parallel foreign exchange markets. Figures published on Friday by the Central Bank of Nigeria showed that the naira closed at ₦1,393.26 per dollar, weaker than the ₦1,387.45 recorded earlier in…
From David Eze At the Appropriation Committee’s budget defence yesterday, Hon. Alex Mascot opened the inquiry by questioning the Federal Minister of Finance on capital budget disbursement and performance for 2024 and 2025. Despite claims that ₦1.15 trillion had been raised and approved to fund 30% of the 2025 capital budget, no disbursement has reached…
From Kelvin Ezih The Enugu State Government has restated that digital skills development is a major pillar of its strategy for youth empowerment and sustainable economic growth. Special Adviser on Digital Economy and SMEs, Arinze Chilo-Offiah, said the Enugu Tech Talents Programme is central to this effort, providing young people with high-demand skills including software…
From Edgar onyema The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has urged Nigerians to meet the legal requirements for filing their annual tax returns, stressing that compliance is compulsory for both individuals and employers. Oyedele delivered the reminder during a webinar held for human-resources personnel, payroll officers, chief…
From Marcus Nkire Nigeria’s inflation rate moderated sharply in November 2025, easing to 14.45 per cent from 16.05 per cent in October, the lowest level recorded in five years. The National Bureau of Statistics (NBS) announced the figures on Monday in its November 2025 Consumer Price Index (CPI) report, noting a month-on-month decline of 1.6…
By Peter Enahoro Founder and President of the Dangote Group, Aliko Dangote, has announced that petrol will retail at ₦739 per litre nationwide from Tuesday, with sales commencing at MRS filling stations in Lagos. Dangote disclosed this on Sunday during a press briefing at the Lekki Refinery, noting that the refinery had already reduced its…
From Marcus Nkire Former Vice President Atiku Abubakar has strongly rejected the Federal Inland Revenue Service’s decision to appoint Xpress Payment Solutions as a Treasury Single Account (TSA) agent. In a blistering public statement, Atiku warned that the move could replicate the controversial revenue collection model once seen in Lagos — suggesting the privatization of…
