English

Economics at leadership.ng

Thursday, Apr 16

12

Strait Of Hormuz Standoff Continues To Disrupt Oil Supply Amid Ongoing U.S- Iran Talks

leadership.ng

The U.S. and Iran are moving toward further negotiations to extend a fragile ceasefire, even as tensions over the Strait of Hormuz continue to disrupt global oil flows and keep markets on edge. The two sides have reached an “in principle”…

Sunday, Apr 12

01

LIRS Shifts Tax Filing Deadline To April 21

leadership.ng

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual income tax returns to April 21, 2026. Mr Ayodele Subair, LIRS Executive Chairman, confirmed this in a statement issued on Saturday by…

Saturday, Apr 11

15

JP Morgan Warns Of Global Crude Oil Price Hike As Events In Strait Of Hormuz Remain Uncertain

leadership.ng

The global oil market is very much likely to witness disruption that could lead cause oil price spikes spike and hit again their peak Iran-war levels at nearly $120 per barrel if a full recovery of vessel traffic through the Strait of…

14

Again, LIRS Extends Individual Tax Filing Deadline

leadership.ng

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for the filing of individual annual income tax returns to April 21, 2026. In a statement, the agency commended taxpayers for their responsiveness, noting a…

Friday, Apr 3

15

Tiger Woods Told Police He Was Speaking To The President’ Before DUI Arrest

leadership.ng

Tiger Woods reportedly told police he had been speaking to “the President” moments after his recent car crash in Florida, according to newly released body camera footage. The video, made public by the Martin County Sheriff’s Office,…

Thursday, Mar 26

16

APC Convention Will Showcase Unity, Democratic Growth — Minister

leadership.ng

The Minister of Information and National Orientation, Mohammed Idris, has said the forthcoming National Convention of the All Progressives Congress (APC) will highlight the party’s unity, democratic maturity, and commitment to national…

Capital Importation Rises 26.6% To $6.44bn In Q4 — NBS

leadership.ng

Nigeria recorded a significant increase in capital inflows in the fourth quarter of 2025, with total importation rising to $6.44 billion, according to the National Bureau of Statistics (NBS). The latest data showed that capital importation…

CBN Scraps Cash Pooling for IOCs, Grants Full Access to Export Proceeds

leadership.ng

The Central Bank of Nigeria (CBN) has removed the cash pooling requirement imposed on International Oil Companies (IOCs), granting them full and immediate access to their repatriated export proceeds in a move aimed at boosting liquidity…

ExxonMobil Recommits To Sustainable Operations, Upstream Investment

leadership.ng

American oil giant ExxonMobil’s upstream president Dan Ammann, has said the firm will sustain a long‑cycle, operations‑focused upstream investment strategy amid market volatility, with continued emphasis on production growth, technology…

Industry Players Warn Oil Prices May Hit $150/b

leadership.ng

ConocoPhillips chairman and CEO Ryan Lance, has issued a warning of possible more oil supply disruptions in the global market saying, “You just can’t take 8-to-10 million barrels a day (MMbpd) off the market, and 20 per cent of LNG supply,…

15

Nigeria Sees Upsurge In LNG Demand From Global Market

leadership.ng

Nigeria is facing escalating Liquified Natural Gas (LNG) demand as supply disruptions continue in the Middle East. Following the eruption of war in Iran, Nigeria has seen stronger demand for its LNG cargoes as energy disruptions from the…

Scaling-up Access To Safe Sanitation To Over 48 Million Nigerians

leadership.ng

By Samuel Langat Nigeria does not have a sanitation problem because people are unaware. It has a sanitation problem because, for decades, the approaches relied on have not scaled. Today, over 130 million Nigerians lack access to safely…

13

Dangote Group Pushes Industrial Growth, MSME Support At Enugu Fair

leadership.ng

Dangote Group has restated its commitment to boosting Nigeria’s industrial capacity and supporting Micro, Small and Medium Enterprises (MSMEs). Speaking in Enugu at the ongoing 37th International Trade Fair organised by Enugu Chamber of…

ECOWAS, Chinese Firm Discuss $36.39bn Funding For Energy Connectivity

leadership.ng

The Economic Community of West African States (ECOWAS) and the Energy China International (CEEC), are striking a deal to promote critical energy development infrastructure that would enable electricity supply chain capability across key…

12

After US Waiver, India Secures Iranian LPG Cargo After Long Hiatus

leadership.ng

India has bought ‌its first cargo of Iranian liquefied petroleum gas in years after the U.S. temporarily removed sanctions on Tehran’s oil and refined fuels, LSG trade flows and three industry sources said. India had shunned energy…

Katsina Law Firm Petitions State Over Hisbah Misconduct, ₦221m

leadership.ng

A Katsina-based legal firm, Legal Minded Law Firm, has petitioned the state government over alleged misconduct by members of the State Hisbah Board, including claims of unlawful invasion, harassment, and the disappearance of ₦221 million.…

Arodiogbu Returns At South-East APC Consensus Congress

leadership.ng

The All Progressives Congress (APC) in the Southeast on Wednesday adopted a consensus arrangement that produced a new zonal executive led by Dr. Ijeoma Arodiogbu as chairman. The congress, which was held at Hotel Presidential, Enugu was…

Full List: What Nigerians, Other Nations Will Pay As UK Increases Visa, Residency Fees

leadership.ng

The United Kingdom government will increase fees for a broad range of visa, residency and citizenship applications from April 8, 2026, in a move that will affect Nigerians and other foreign nationals seeking to visit, study, work or settle…

11

Court Rules Against CBN, Restores Union Bank’s Board

leadership.ng

A Federal High Court in Lagos on Wednesday set aside the January 2024 dissolution of the board and management of Union Bank of Nigeria by the Central Bank of Nigeria (CBN), ruling that the action was ultra vires. Delivering judgment,…

NUC Develops Future-ready Skills In Energy, Data Science

leadership.ng

The National Universities Commission (NUC) is equipping Nigerian graduates with future-ready skills by expanding academic programmes in emerging fields such as energy science and data science. Prof. Abdullahi Ribadu, NUC Executive…

North Central APC Endorses Tinubu As Sole Candidate For 2027

leadership.ng

The North Central chapter of the All Progressives Congress (APC) has endorsed President Bola Tinubu as its sole presidential candidate for the 2027 general election. The endorsement was announced yesterday in Lafia, Nasarawa State, during…

AGF Fagbemi Refutes Atiku’s Claim, Says OPL 245 Disputes Resolved

leadership.ng

The Attorney-General of the Federation (AGF), Lateef Fagbemi, SAN, on Wednesday rejected former Vice President Atiku Abubakar’s assertion that disputes over the OPL 245 oil block remain unresolved. In a statement in Abuja, Fagbemi said…

CBN Reviews Court Judgment On Union Bank, Affirms Stability

leadership.ng

The Central Bank of Nigeria (CBN) has said it is reviewing the Federal High Court judgment concerning its regulatory action on Union Bank of Nigeria Plc, while reaffirming its commitment to the rule of law and financial system stability.…

Lagos Will Support Africa Gaming Industry For Global Growth — Sanwo-Olu

leadership.ng

Lagos State governor, Babajide Sanwo-Olu, has said his administration will support Africa’s gaming industry to propel it from a fragmented, informal sector into a structured and globally competitive ecosystem driven by policy, innovation…

Experts Urge Overhaul Of Nigeria’s Healthcare Financing

leadership.ng

Leading health experts have called for the overhaul of Nigeria’s healthcare financing system. They warned that millions of citizens were being priced out of care due to heavy reliance on out-of-pocket payments and limited insurance…

CBN Grants Oil Firms Full Access To Export Forex Proceeds

leadership.ng

The Central Bank of Nigeria (CBN) has approved the full repatriation of export proceeds by international oil companies (IOCs), allowing them to access 100 per cent of their foreign exchange earnings through authorised dealer banks. The…

Katsina Businessman Alleges N221m Loss, Unlawful Detention By Hisbah

leadership.ng

A Katsina-based legal firm, Legal Minded Law Firm, has petitioned the state government over alleged misconduct by members of the Hisbah Board, including claims of unlawful invasion, harassment and the disappearance of N221 million. The…

10

BUA Cement To Boost Capacity With 3mmtpa Greenfield Cement Plant, Brownfield Project

leadership.ng

BUA Cement Plc has said it is moving forward with ambitious infrastructure development plans, including a three million metric tons per annum greenfield cement plant in Ososo, Edo State, and a similar brownfield project in Sokoto State…

Kano Deputy Governor Faces Impeachment After Court Dismisses Suit

leadership.ng

The Kano State deputy governor, Aminu Abdulsalam Gwarzo, is facing possible impeachment after failing to respond to allegations levelled against him by the Kano State House of Assembly within the stipulated period. The Majority Leader of…

Gov Sani Urges Unity In North West APC, Defends Tinubu Reforms At Zonal Congress

leadership.ng

Kaduna State Governor, Uba Sani, has tasked leaders of the All Progressives Congress (APC) in the North-West Zone to be united. He also defended the reform agenda of President Bola Tinubu. Addressing party leaders, delegates, and…