40 h. ago High Costs, Economic Crunch Shrink ISP Subscriber Base To 289,000

The soaring subscription costs and Nigeria’s worsening economic conditions were instrumental to the sharp decline in active internet users relying on Internet Service Providers (ISPs), as new data from the Nigerian Communications Commission (NCC) shows total ISP subscriptions fell to 289,369 in Q1 2025, down from 307,946 in Q3 2024. The drop, which affected major […]

Economics

68 h. ago Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, stimulate economic growth

Tribune Online Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, stimulate economic growth THE new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with some describing it as the best that has happened to the sector since Independence. The Chief Executive of Financial Derivatives Company, Bismarck Rewane, said the company’s free distribution initiative will reduce production costs, ease inflationary […] Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, stimulate economic growth Tribune Online

Economics

3 d. ago New tax laws set to simplify tax system, protect vulnerable groups — NESG

Tribune Online New tax laws set to simplify tax system, protect vulnerable groups — NESG NESG averred that the tax laws equally aim at supporting economic competitiveness and growth, and lower compliance costs to attract investment New tax laws set to simplify tax system, protect vulnerable groups — NESG Tribune Online

Politics

9 d. ago Gov Aliyu powers industrial revival with major electricity projects in Sokoto

To revitalise industries and expand electricity access, Sokoto State Governor Ahmed Aliyu, has rolled out energy initiatives aimed at transforming the state’s economic and social landscape. Among them is the completion of an inherited Independent Power Plant (IPP) project, executed at a cost of N950 million. The facility is poised to stimulate economic activities, and […] The post Gov Aliyu powers industrial revival with major electricity projects in Sokoto appeared first on The Sun Nigeria.

Politics

2 w. ago Special courts needed for financial justice, economic growth –UBA CEO

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA), Oliver Alawuba, has made a call for the establishment of dedicated financial courts to fast-track the resolution of banking and financial disputes. He argued that prolonged litigation was stifling economic growth and raising the cost of doing business in Nigeria. Speaking in Abuja […] The post Special courts needed for financial justice, economic growth –UBA CEO appeared first on The Sun Nigeria.

Politics

3 w. ago PMI: Recalibration bell tolls as cost pressures threaten Nigeria’s fragile recovery

By Chinwendu Obienyi Despite a sixth consecutive month of private sector expansion, Nigeria’s economic recovery is under increasing threat from cost-induced pressures that are eroding business margins, depressing confidence and exposing structural vulnerabilities across key sectors. The latest Purchasing Managers’ Index (PMI) for May 2025, compiled by the Central Bank of Nigeria (CBN), printed at […] The post PMI: Recalibration bell tolls as cost pressures threaten Nigeria’s fragile recovery appeared first on The Sun Nigeria.

Politics

3 w. ago PDP Calls For Economic Reforms, Seeks Divine Intervention For Nigeria

  The Peoples Democratic Party (PDP) has called on President Bola Ahmed Tinubu to urgently review economic policies affecting the wellbeing of the masses, particularly the high cost of fuel, electricity tariffs, and charges on essential services. The party made this appeal in a statement released on Friday by its National Publicity Secretary, Debo Ologunagba, […] The post PDP Calls For Economic Reforms, Seeks Divine Intervention For Nigeria appeared first on Information Nigeria.

Politics

4 w. ago Economic activities expand for sixth straight month as cost pressures mount

Economic activities in Nigeria expanded for the sixth consecutive month in May, according to the Central Bank of Nigeria (CBN)’s read more Economic activities expand for sixth straight month as cost pressures mount

Economics