The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26.25 per cent. Following a two-day...
The Naira on Monday gained N28.34 at the official market, trading at N1,468.99 to the dollar. Data from the official trading platform of the FMDQ Exchange...
The Federal Government is working on a system that will provide tax relief to 95 per cent of the informal sector of the economy in the...
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the Central Bank of Nigeria...
Markets and investors around the world use stock market indices to understand what is happening in regional and global economics. They are such good indicators because...
American Express Co. is launching its first business credit card in Nigeria in partnership with local neobank O3 Capital, according to a report by Bloomberg Africa....
We live in an era where convenience runs the world. That’s why we’ve embraced tech advancements with open arms. They made it possible to get almost...
The Trade Union Congress of Nigeria (TUC) has threatened a shutdown of the economy over the plan to begin implementation of the 0.5 per cent cyber...
The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange,...
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular...
Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Federal Government in 2023. Mrs Abimbola Essien-Nelson, the Media Relations Manager of...
Mr Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), says the 17 oil blocs put forward for sale under the 2024 bidding round are...