Current revenue sharing formula is 33yrs old, says RMAFC
The Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu said the Commission is determined to produce a n
Business
All the recent business news in Nigeria, economy and industry updates.
FG secures N585bn investments for solar panels, others
The federal government has stated that it has secured over $400m (N585bn) for investments in local production of solar panels, batteries, inverters an
Crude oil prices struggle to maintain $62 per barrel
Oil prices, including both WTI and Brent crude, fell by over 2% due to lingering concerns over the trade war between the United States and China and i
IMF raises Nigeria’s 2025 growth to 3.9%, forecasts 4.2% for 2026
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2025 to 3.9 per cent, a 0.5 percentage point increase from its
Qatari Firm to replicate Lusail Smart City in Lagos
An international firm based in Qatar, Future Union has disclosed its aim at delivering an ambitious urban development modeled after the acclaimed Lusa