As part of efforts to increase non-oil revenue and address the economic challenges facing Nigeria, the Federal Government plans to tax 700,000 more companies. Vice-President Yemi...
South Africa has overtaken Nigeria as Africa’s biggest economy in dollar terms, Bloomberg reports. The change in status of both countries was attributed to the appreciation...
President Muhammadu Buhari on Wednesday administered the oath of office on his Economic Adviser, Dr. Adeyemi Dipeolu at the council chamber of the presidential villa in...
Nigerian currency, the Naira, continues to depreciate in the parallel market on Thursday as it traded at 400 naira to a US Dollar. The currency on...
The Minister of Budget and National Planning, Mr Udoma Udo-Udoma said the 2017-2019 Medium Term Expenditure Framework would be ready and submitted to the National Assembly...
The Transmission Company of Nigeria, Lagos Region, has announced that many parts of the state will experience blackout between 10am and 1pm today (Monday). According to...
The Nigerian naira sank to a fresh record low on Friday, as the Central Bank of Nigeria (CBN) attempts boosting liquidity through sales of dollars. The...
No doubt, Nigeria’s economy is in a recession. What with the dwindling global oil prices, the activities of militants in the Niger Delta, the herdsmen-farmers...
President Muahmmadu Buhari on Wednesday said that the era of free and easy money in the country had gone for good. Bahari made this known when...
Nigeria’s economy will most likely contract this year as energy shortages and the delayed budget weigh on output, the International Monetary Fund has said. “I think...
Dana Air has commenced daily flights from Lagos to Owerri with an introductory online fare of N12,600 one way. The airline currently operates daily flights to...
The Central Bank of Nigeria (CBN) has declared that no Nigerian bank is in distress in reaction to speculations that some banks in the country are...
