Finance Minister and Coordinating Minister of the Economy, Wale Edun, has dismissed rumours of an imminent increase in the Value-Added Tax (VAT) rate from 7.5% to...
The Federal Government has inaugurated a new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), entrusting them with the responsibility of guiding the nation’s...
The Chief of Defence Staff, Gen. Christopher Musa, has assured that the Nigerian military will continue to defend the nation’s democracy. Gen. Musa gave the assurance...
The 650,000-barrel-per-day Dangote refinery has begun test runs for Premium Motor Spirit (PMS) production, with full operation expected by mid-September. The $20bn refinery built by Aliko...
The federal government assures financing the new ₦70,000 minimum wage will be feasible, with plans to increase crude oil output to 2 million barrels per day....
Over 600,000 Nigerian households received direct cash transfers as the federal government resumed its payment scheme to improve social welfare and economic recovery. EKO HOT BLOG reports...
Interest Rate Jumps to 26.75% as Monetary Authority Tightens Policy The Monetary Policy Committee (MPC) of the Central Bank of Nigeria’s (CBN) has raised the baseline...
Eko Hot Blog reports that the minister of finance and coordinating minister of the economy Wale Edun, announced that the World Bank has approved two major...
Eko Hot Blog reports that federal government has increased its offer for the new minimum wage for workers from N60,000 to N62,000. The figure was reportedly...
Eko Hot Blog reports that the Finance Minister and coordinating Minister of the Economy Wale Edun has reportedly proposed a significant increase in Nigeria’s minimum wage,...