Nigeria Suspends 15% Petrol and Diesel Import Duty Amid Stakeholder Pushback
The Federal Government has suspended the controversial 15% import duty on petrol and diesel, a move that has drawn widespread praise from independent oil...
UNCTAD Warns High Clean-Tech Tariffs Could Stall Africa’s Renewable Energy Transition Despite Falling Global Prices
Africa’s push toward renewable energy faces a growing threat from high clean-technology tariffs and ongoing trade barriers, according to a new global trade and...
Over 40% of Nigerian Bakeries Shut Down Since COVID, Threatening Food Security — PBAN
Nigeria’s bakery industry is facing one of its worst crises in decades, with more than 40% of bakeries nationwide forced to shut down between...
S&P Global Revises Nigeria’s Credit Outlook to Positive, Cites Reform Progress and Improving Indicators
S&P Global Ratings has upgraded Nigeria’s sovereign credit outlook from stable to positive, reflecting renewed optimism over the country’s ongoing economic reforms and strengthening...
SEC, FMBN Launch Non-Interest Mortgage Scheme to Tackle Nigeria’s 28 Million Housing Deficit
The Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have entered into a strategic partnership to establish a comprehensive...
