By Seun Ibiyemi The Special Adviser to the President on Policy and Coordination, Hadiza Bala Usman, on Monday convened a high-level meeting with the Presidential Committee on Trade Malpractices (PCTM) to review Nigeria’s trade ecosystem, with a focus on Free Trade Zones. The meeting, led by the Committee’s Chairman, Dahiru-Ado Kurawa, provided a platform for…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has described the Federal Government’s 2026 fiscal policy measures as a bold step toward accelerating industrial growth, while warning of potential disruptions for businesses reliant on imports. In a policy brief issued on Sunday, CPPE Chief Executive Officer, Dr. Muda Yusuf, said the…
By Seun Ibiyemi The Federal Government through the Ministry of Finance has dismissed recent media reports alleging that a significant portion of Nigeria’s federation earnings is being diverted or concealed, describing such interpretations as a misrepresentation of findings in the latest Nigeria Development Update by the World Bank. In a statement issued, the Honourable Minister…
By Seun Ibiyemi Nigeria has no immediate plans to approach the International Monetary Fund (IMF) for financial assistance, the Minister of Finance, Wale Edun, has said. Edun disclosed this on Thursday during a briefing of African finance ministers at the IMF/World Bank Annual Meetings in Washington, noting that the country’s ongoing domestic economic reforms were…
By Seun Ibiyemi A new digital marketplace, One Universe, has officially launched in Lagos, offering a platform designed to simplify how people find, hire and pay for trusted service providers. The platform, now available on the Apple App Store and Google Play Store, aims to address the common challenge of locating reliable professionals by combining…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise has warned that Nigeria’s recent progress in moderating inflation remains fragile, citing renewed pressures from rising energy, food and transportation costs. In its policy brief on the March 2026 inflation report, the Chief Executive Officer, CPPE, Dr. Muda Yusuf said the latest data released…
By Seun Ibiyemi The Executive Chairman of Ikeja Local Government, Akeem Olalekan Dauda, has commenced the 2026 revenue drive with visits to key companies within the council area. During the engagements, Dauda emphasised the importance of prompt payment of rates and taxes, noting that compliance remains vital for sustaining development and delivering quality services to…
By Seun Ibiyemi The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate increased to 15.38 per cent in March 2026.This was contained in the NBS Consumer Price Index (CPI) and Inflation Report for March 2026 released in Abuja on Wednesday. According to the report, the figure represents a 0.32 per cent…
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has announced plans to ramp up investments across West Africa over the next five years, as part of efforts to accelerate regional economic integration and development. The decision was reached at the Bank’s 24th Annual General Meeting (AGM), held on April 8,…
By Seun Ibiyemi The Federal Government through the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has ruled out any plan to reintroduce fuel subsidy despite rising petrol prices triggered by the ongoing Middle East conflict. Edun made this position known on Tuesday during a media briefing of the Intergovernmental Group of…
