•A fuel attendant Marketers and some stakeholders in the downstream sector of the oil and gas industry yesterday welcomed the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), also known as petrol and diesel. They said the import levy is not feasible until […]
•Tinubu and ADC logo The African Democratic Congress (ADC) has condemned the federal government’s fresh N1.15 trillion in domestic borrowing, accusing President Bola Ahmed Tinubu of policy inconsistency and fiscal recklessness. In a statement signed by the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC noted that despit...
The British pound traded at about ₦1,895 against the Nigerian naira in official markets today, Thursday, November 13, 2025, while dealers in the parallel (street) market quoted between ₦1,900 and ₦1,930 per £1, signaling a small gap between official and informal rates as market participants weigh demand for foreign currency. Key rates NFEM / C...
•Seun Onigbinde The co-founder of BudgIT, Seun Onigbinde, has decried what he described as a gross disconnect in the federal government’s budgets. Speaking last night on Channels Television, Onigbinde highlighted fiscal challenge in the annual budgets. He also accused the current administration of not maintaining a regular calendar regarding t...
The Nigerian Export-Import Bank (NEXIM) today expressed strong support for a proposed bill seeking to increase its share capital from ₦50 billion to ₦1 trillion, while also advocating for the removal of the Central Bank of Nigeria from its governing board. Speaking at a one-day public hearing organised by the Senate Committee on Banking, Insur...
•Tinubu and World Bank logo Nigeria’s barely 0.14 per cent budgetary allocation of its Gross Domestic Product on social protection is far below the global average of 1.5 per cent and the Sub-Saharan African average of 1.1 per cent, and has had no effect on poverty, so far. The World Bank, in a new report […]
•Nigerian Senate The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm. It came to the conclusion yesterday that the money, which had not been accounted for, must be refunded to the Federation Account by the company, reports Chan...
•Nigerian stock market The Nigerian stock market was hit by a significant downturn in November’s first trading week as investors lost a whooping N2.8 trillion at the Nigerian Exchange Limited (NGX). The market endured a bearish trading week, losing in all five trading sessions, November 3 to November 7, reports Daily Trust. This came on [&hell...
•Prof. Obiora Okonkwo The Chairman of United Nigeria Airlines (UNA), Prof. Obiora Okonkwo, has described Nigeria as one of the most over-taxed aviation jurisdictions on the continent — a situation he says continues to drive up ticket prices and distort competition in West Africa’s airspace. Speaking ahead of UNA’s formal launch of commercial f...
When the price of an airline ticket goes up, the usual suspects are Jet A1 costs, volatile foreign exchange, or shifting opÂerational expenses. Yet in Nigeria today, there is another increasingly dominant culprit – the ever-expanding web of govÂernment-imposed levies. From December 1, 2025, the Nigeria Civil Aviation Authority (NCAA) has noÂti...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2025 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
