Economic policy, fiscal analysis, and development reporting.
The Federal Government has approved payments to over 1,240 local contractors across Ministries, Departments and Agencies (MDAs) as part of efforts to settle verified outstanding obligations, boost business liquidity, and support economic growth across the country.
Church leaders under the Anglican Communion and Pentecostal fellowship have reportedly expressed concern over governance challenges in Enugu and Anambra States, including economic hardship, infrastructure gaps, and alleged exclusion of some Anglican members from key government appointments. The bishops are said to have petitioned authorities, calling for more inclusive governance.
The National Bureau of Statistics (NBS) has reportedly indicated a sharp rise in kerosene prices across Nigeria, with average retail cost reaching about ₦4,000 per litre, raising fresh concerns over household energy affordability.
Abia State Governor, Alex Otti, has approved a ₦306 million technology-driven business grant initiative aimed at supporting entrepreneurs, promoting innovation, and creating jobs across the 17 local government areas of the state.
Nathan Nwachuku, CEO of Terra Industries, has pledged ₦40 million to the 2027 South East Maths Olympiad, bringing total sponsorships for the competition to over ₦100 million alongside additional support from Sterling Bank.
Governor Alex Otti has reaffirmed his administration’s commitment to stable electricity in Abia State through a new partnership with the Niger Delta Power Holding Company (NDPHC) aimed at boosting power supply and driving economic growth.
Traders and business owners in Nsukka and Enugu Urban have expressed concern over recent tax enforcement actions, calling for a more balanced and humane approach to revenue collection.
The Dangote Refinery has announced a reduction in aviation fuel (Jet A1) price from ₦1,750 to ₦1,650 per litre, offering some relief to airlines and stakeholders in the aviation sector.
The Nigeria Revenue Service, in collaboration with the Joint Revenue Board, has announced the implementation of a unified Taxpayer Identification (Tax ID) system aimed at strengthening tax administration, improving transparency, and simplifying tax processes across Nigeria.
Nigerians across several states have continued to express concern over the rising cost of food items and essential commodities as inflation and transportation costs place increasing pressure on households and small businesses.
Global crude oil prices recorded mixed movements on Friday, May 15, 2026, as traders reacted to ongoing supply adjustments by major producers alongside uncertainty over global demand growth and economic outlook.
The Central Bank of Nigeria has introduced fresh measures aimed at stabilising the naira and improving foreign exchange liquidity, as authorities move to curb volatility and restore confidence in the financial market.