Local News
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176Power Sector Loses ₦1.36tr to Revenue Leakages –NERC
Nigeria’s electricity sector suffered a revenue shortfall of about N1.36tn in 2025 as power distribution companies failed to bill consumers for electricity...
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567Millions of Nigerians Facing Unemployment, Low Productivity –NESG
The Nigerian Economic Summit Group (NESG) has raised concerns over persistent unemployment, low productivity and limited economic opportunities affecting millions of Nigerians,...
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409RMAFC Completes Review of Revenue Allocation Formula
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it has completed a comprehensive review of Nigeria’s Revenue Allocation Formula and the...
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327Nigeria Spent ₦3.1tr on Domestic Debt Servicing in Q1 –DMO
The Debt Management Office, DMO, has said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter...
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313
States Pocket ₦2.37tr VAT Under New Tax Regime
State governments received N2.37tn from Value Added Tax revenue generated in the first half of 2026, representing an increase of N451.25bn compared...
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720Global Appetite Grows for Nigerian Crude –FG
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Wednesday said the United States, Europe and countries in the Middle...
