By Jemimah Wellington, JKNewsMedia Correspondent STRONGER ECONOMIC integration focusing on Africa’s growth and prosperity was advocated as Nigeria’s government, diplomatic and business delegation, led by President Bola Tinubu, attended the Africa Forward Summit (AFS) at the Kenyatta Convention Centre in Nairobi, Kenya. JKNewsMedia.com reports...
By JKNewsMedia PROFIT AFTER tax at Nigerian National Petroleum Company (NNPC) Limited rose to N276 billion in March 2026, reflecting a 102.9 percent increase from the N136 billion recorded in February, as detailed in the company’s Monthly Report Summary. JKNewsMedia.com reports that the national oil firm disclosed that statutory payments betw...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s PETROL cost stands about 50 percent lower than the global average, with the Federal Government crediting the outcome to the economic reforms of President Bola Tinubu’s administration. JKNewsMedia.com reports that the Executive Chairman, Nigeria Revenue Service (NRS) Zacch Adedeji, sai...
By Joke Kujenya STRONG LIVING standards across income, healthcare and affordability have shaped a new 2026 ranking of African countries, with Namibia placing first with a Quality-of-Life Index of 156.98. JKNewsMedia.com reports that the ranking shows a mix of Southern, North and East African countries offering relatively strong conditions acr...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s EXTERNAL reserves rose to about $49bn as of February 5, 2026, Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso told members of the National Economic Council Conference (NECC) in Abuja, describing the figure as a signal of improved confidence in the country’s economy. JKNe...
By JKNewsMedia DEFEAT OF terrorism and banditry formed the centrepiece of President Bola Tinubu’s address on Monday as he declared the threats unacceptable and foreign to Nigeria’s values. JKNewsMedia.com reports that declaring open the Second National Economic Council Conference (SNECC) at the State House Conference Centre, Abuja, the Presid...
By Jemimah Wellington, JKNewsMedia Correspondent PLANS TO raise more than $500m in foreign direct investment into Nigeria have been outlined by the board and management of the World International Economic Group Nigeria (WIEGN). JKNewsMedia.com reports that Bassey Essien, a member of the group, disclosed this on Friday while addressing a press...
By JKNewsMedia Reporter STEADY TRADING marked the opening of February as the Nigerian naira maintained its position within the N1,390 range in the official market amid signs of sustained liquidity in the foreign exchange market. JKNewsMedia.com reports that the currency began the first trading week of February 2026 on firm footing as business...
By Joke Kujenya NIGERIA WELCOMED back President Bola Tinubu on Saturday evening following his participation in the 2026 Abu Dhabi Sustainability Week, attended alongside members of the Federal Executive Council (FEC). His visit featured the signing of a Comprehensive Economic Partnership Agreement (CEPA) between Nigeria and the United Arab Em...
By Ajibola Olaide, JKNewsMedia Reporter ISSUANCE OF guidelines for the implementation of Nigeria’s new tax laws has been halted by the Federal Government due to uncertainty over the final version of the legislation. Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, disclosed that he instructed the Nigeria Revenue Service (NRS)...
