1 hour ago Senate Approves Revenue Reform Bills, Rejects 7.5% To 10% VAT Hike Over Economic Concerns

The Nigerian Senate has approved two out of four tax reform bills introduced by President Bola Tinubu’s administration. The bills passed are the Nigeria Revenue Service (Establishment) Bill and the Joint Revenue Board (Establishment) Bill, both aimed at restructuring the country’s tax collection and management systems. This move followed a thorough review of the report […] The post Senate Approves Revenue Reform Bills, Rejects 7.5% To 10% VAT Hike Over Economic Concerns appeared first on Information Nigeria.

Economics

7 h. ago Newly approved national marine, blue economy policy will create sustainable prosperity for Nigeria – Oyetola

From Steve Agbota The Federal Executive Council (FEC) has approved Nigeria’s first National Marine and Blue Economy Policy (2025–2034), a transformative step to harness the country’s 853-kilometre coastline and extensive inland waterways for economic diversification, job creation, and environmental sustainability. Minister of Marine and Blue Economy Adegboyega Oyetola described the policy as a “visionary framework” […] The post Newly approved national marine, blue economy policy will create sustainable prosperity for Nigeria – Oyetola appeared first on The Sun Nigeria.

Politics

13 h. ago Mark Angel Challenges EFCC Over Arrest Of Verydarkman, Demands Proof Of Invitation

Popular Nigerian comedian, Mark Angel, has questioned the Economic and Financial Crimes Commission (EFCC) over its claim that it invited social media activist Verydarkman before his recent arrest. The anti-corruption agency had earlier stated that it extended an invitation to the activist, which reportedly went unanswered. Following this, EFCC operatives arrested him on Friday — […] The post Mark Angel Challenges EFCC Over Arrest Of Verydarkman, Demands Proof Of Invitation appeared first on Information Nigeria.

Politics

14 h. ago IMF’s 3% economic growth forecast short of Nigeria’s potential – IMPI

The Independent Media and Policy Initiative (IMPI) has questioned the rationale by the International Monetary Fund (IMF) for downgrading its read more IMF’s 3% economic growth forecast short of Nigeria’s potential – IMPI

Politics

20 h. ago Experts: Youth entrepreneurship vital to Nigeria’s economic growth

•Urge greater MSME funding, support From  Adanna Nnamani, Abuja Economic experts have called on the government, private sector and citizens to prioritise youth entrepreneurship as a national development strategy, stressing that the future of Nigeria’s economy depends on the success of its young innovators and job creators. The stakeholders made the call at the launch […] The post Experts: Youth entrepreneurship vital to Nigeria’s economic growth appeared first on The Sun Nigeria.

Politics

20 h. ago Nigeria needs strong policies to harness ocean economy –Aniemu

By Steve Agbota Mr. Ismail Aniemu is a distinguished figure in Nigeria’s maritime landscape, renowned for his over two decades of expertise and impact. A seasoned industry expert, transport scholar and publisher, his dedication to excellence has seen him entrusted with roles on three high-level federal government committees, one of which is a presidential committee. […] The post Nigeria needs strong policies to harness ocean economy –Aniemu appeared first on The Sun Nigeria.

Politics

20 h. ago IMPI dismisses IMF, World Bank growth forecasts, highlights Nigeria’s stronger outlook

The Independent Media and Policy Initiative (IMPI) has expressed skepticism over the International Monetary Fund’s (IMF) downgraded economic growth forecast for Nigeria in 2025, which was revised from 3.2 percent to 3.0 percent, citing the global oil slump as the primary reason. The think tank argues that Nigeria’s economy is no longer predominantly reliant on […] The post IMPI dismisses IMF, World Bank growth forecasts, highlights Nigeria’s stronger outlook appeared first on The Sun Nigeria.

Politics

21 h. ago Q1: Africa’s smartphone market booms amid global stagnation – Report

By Chinenye Anuforo chinenyeanuforo@gmail.com   While the global smartphone market experienced a largely flat first quarter, with vendors navigating an increasingly turbulent landscape, Africa stood out as a region of notable activity and growth. According to a recent report by Canalys, worldwide smartphone shipments reached 296.9 million units in Q1 2025, a negligible increase from […] The post Q1: Africa’s smartphone market booms amid global stagnation – Report appeared first on The Sun Nigeria.

Politics

26 h. ago Peter Obi Laments Economic Hardship, Says Public Office Holders Milking Nigerians

Former presidential candidate of the Labour Party, Peter Obi, has lamented over poverty situation in Nigeria, saying that there is need for urgent and deliberate action. Obi urged all levels of government, especially public office holders to prioritize critical areas of development, particularly investment in health, education and poverty alleviation. Speaking on Tuesday at the […] The post Peter Obi Laments Economic Hardship, Says Public Office Holders Milking Nigerians appeared first on Information Nigeria.

Politics

28 h. ago Nigerian CEOs bullish on economic rebound amid market volatility

A growing number of Nigerian CEOs are optimistic about the economic outlook in 2025, with a majority projecting both global read more Nigerian CEOs bullish on economic rebound amid market volatility

Politics

34 h. ago HURIWA backs AfDB’s Adesina verdicts on Nigeria’s economy, slams presidency 

From Okwe Obi, Abuja Human Rights Writers Association of Nigeria, (HURIWA) has told President Bola Ahmed Tinubu to stop berating the President of the African Development Bank(AFDB), Akinwunmi Adesina on his comparison of Nigerians’ poverty situation now and in the 1960s. Adesina, at the 20th anniversary dinner of investment firm Chapel Hill Denham in Lagos, […] The post HURIWA backs AfDB’s Adesina verdicts on Nigeria’s economy, slams presidency  appeared first on The Sun Nigeria.

Politics

35 h. ago Addressing logistics gap is crucial to Nigeria’s economic growth – Report

For Africa’s most populous country to drive sustainable and inclusive growth, it must address infrastructural bottlenecks, especially in its logistics read more Addressing logistics gap is crucial to Nigeria’s economic growth – Report

Politics

35 h. ago Methodist Church urges FG to review economic policies, tackle hardship, insecurity

From Isaac Job, Uyo The Methodist Church, Nigeria Diocese of Uyo has urged the federal government  to review  economic policies with a view to find solution to prevailing hardship and tackle insecurity in Nigeria.  A communique signed by the Archbishop of Uyo Diocese Most Rev John Koko Bassey and Lay President Sunday Bassey at the […] The post Methodist Church urges FG to review economic policies, tackle hardship, insecurity appeared first on The Sun Nigeria.

Politics

38 h. ago Methodist Synod Decries Insecurity, Hardship, Seeks Prayers For Tinubu

The leadership of the Methodist Church, Nigeria (MCN) has expressed concerns over the prevailing socio-economic and security challenges engulfing the nation, lamenting that unless urgent remediation measures are in place, the country faces the risk of implosion. Rising from the 30th Annual Synod of the Diocese, held at the Immanuel Methodist Cathedral, Itiam Etoi, Uyo, […]

Politics

38 h. ago FEC Approves Bill To Establish National Cocoa Management Board

The federal government has approved a draft bill for the establishment of the National Cocoa Management Board (NCMB) to revitalise and regulate Nigeria’s cocoa sub-sector for enhanced economic development. Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this after the  Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, at the […]

Politics

40 h. ago Speaker Abbas Pushes For Adoption Of Renewable Energy To Diversify Economy

The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said Nigeria must adopt renewable energy to diversify its economy. According to Abbas, the case for renewable energy is compelling as it holds substantial implications for national policy agendas. The speaker noted that Nigeria is assuming a continental leadership role in the race to […]

Politics

49 h. ago Evaluating Transparent Pricing Models To Maximize Currency Gains

When looking for the best forex broker in Nigeria, the level of transparency in pricing models is crucial for achieving optimal currency gains. Nigeria’s dynamic financial environment, shaped by regional economic shifts and global market trends, makes it vital for traders to partner with a brokerage that offers clear and honest fee structures. This ensures […]

Politics

61 h. ago Presidency refutes Adesina’s GDP per capita claims, cites data inaccuracies

From Juliana Taiwo-Obalonye, Abuja The Nigerian Presidency has rejected claims by outgoing African Development Bank (AfDB) President Dr Akinwumi Adesina that Nigerians are worse off economically than in 1960, calling his figures inaccurate. Adesina claimed Nigeria’s GDP per capita was $1,847 in 1960, falling to $824 today, indicating declining living standards. Presidential spokesperson Bayo Onanuga […] The post Presidency refutes Adesina’s GDP per capita claims, cites data inaccuracies appeared first on The Sun Nigeria.

Politics

63 h. ago Presidency Faults AfDB’s Adesina’s Claim Of Nigerians Better Off In 1960s

The Presidency has rejected a recent assertion by the outgoing President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, who claimed that Nigerians were better off economically at the time of independence in 1960 than today. Responding via a post on his verified X handle, the Special Adviser to the President on Information and […]

Politics

66 h. ago Tax incentives and refunds: Nigeria’s chance to fix its revenue problem

If there’s one thing that can support Nigeria’s economic growth, it’s improving how the government manages taxes, not by increasing read more Tax incentives and refunds: Nigeria’s chance to fix its revenue problem

Politics