‘Okupe was a national treasure’ – Labour Party DMI

‘Okupe was a national treasure’ – Labour Party DMI

By Luminous Jannamike ABUJA – The Labour Party’s Directorate of Mobilization and Integration (DMI) has paid tribute to the late Dr. Doyin Okupe, describing him as a statesman, political strategist, and champion of national unity. According to the directorate, Dr. Okupe was pivotal in the evolution of Nigeria’s democracy and was celebrated for his commitment […]
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Nigeria spends $817.4m to service debt in 2 months 

Nigeria spends $817.4m to service debt in 2 months 

•As foreign trade in LC Payments reaches $160m  By Elizabeth Adegbesan  Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the corresponding period of 2024. Data from the Central Bank of Nigeria, CBN, International Payments […]

Import bills on used vehicles fall 65% to N354.8bn

Import bills on used vehicles fall 65% to N354.8bn

By Elizabeth Adegbesan As economic hardship bites harder, importation of used vehicles has recorded a significant decline with diesel or semi-diesel engine, of cylinder capacity 2500cc dropping by 65.8 percent year-on-year (YoY) to N354.8 billion in 2024 from N1.04 trillion in 2023. However, the decline also reflects the effect of continuous increase in import duty, levies […]