According to Taiwo Oyedele, Chairman of the Fiscal Policy and Tax Reform Committee, these tax cuts are part of the government's efforts to overcome current economic challenges. We have taken in...
Approximately $229 million will be allocated to health and social welfare, and around $328 million to agriculture and food security, Edun stated, emphasizing that the government will fund these measu...
Price pressures have been driven by the reforms of Nigerian President Bola Ahmed Tinubu, who has mainly cut subsidies on gasoline and electricity and devalued the naira twice within a year. According...
The Nigerian government has approved a salary increase of 25 to 35% for public servants. Pensions for retirees have also been enhanced, announced the Salary Commission. This increase affects all fede...
Disrupted by droughts, heatwaves, fires, early frost, or rains causing floods and diseases, global wine production dropped by 10% in 2023, while consumption decreased by 3%, the International Organiz...
The Institute's report on the consumer price index indicates that the inflation rate has continued its downward trend for the fourth consecutive month, setting at 4.2% in March, down from 4.9% i...
