The Nigerian Electricity Regulatory Commission has said the electricity tariffs being paid by consumers will increase in April this year. NERC disclosed this in its ‘December...
Nigerians living abroad remitted about $25 billion in 2019, the Nigeria in Diaspora Commission (NiDCOM) has said. The Chairman and Chief Executive Officer of the Commission,...
The Federal Government says Nigeria’s debt servicing to revenue ratio has been higher than desirable. The Minister of Information and Culture, Lai Mohammed, said this while...
Muhammad Nami, the newly appointed executive chairman of the Federal Inland Revenue Service (FIRS), says revenue collection dwindled despite the engagement of consultants by Babatunde Folwer,...
The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses for using point of sale (POS) machines. In a statement...
The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in...
– West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that...
The World Bank Group says debt in Emerging and Developing Economies (EMDEs) rose to a record high of 55 trillion dollars in 2018. The bank made...
The house of representatives has banned the operation of unpainted taxis in the federal capital territory (FCT), Abuja. At Wednesday’s plenary session, the lower legislative chamber...
The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on December 13, latest figures from the...
President Akufo-Addo of Ghana has giving backings to the Ghana Union of Traders Association (GUTA)’s ban on retail trading by Nigerians and other foreigners in the...
President Muhammadu Buhari has tasked universities in the country on the need for them to increase their internally generated revenue (IGR) to enhance sustainable education. Buhari...