FG Seeks $1.5bn Loan to Shore Up Naira, Boost Budget
Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of…
TymeBank Turned its First Profit
TymeBank, the digital bank in which Patrice Motsepe’s African Rainbow Capital (ARC) is majority shareholder, said it reached its first…
Nigeria eyes investment boost at World Economic Forum
Nigeria’s delegation to the World Economic Forum (WEF) in Davos, Switzerland led by Vice President Kashim Shettima is poised to…
Nigeria lost N5trn to tax holidays granted 34 firms – Report
The Oxfam in Nigeria, Civil Society Legislative Advocacy Centre (CISLAC) and Connected Development (CODE) have said that Nigeria lost approximately…
FIRS suspends implementation of VAT Guidelines
The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for the value-added tax simplified compliance…
SEC grants NASD approval to launch digital securities platform
The Securities and Exchange Commission (SEC) has granted approval to NASD Plc to launch its Digital Securities Platform (N-DSP), powered…
NEXIM Bank unveils digital hub to boost cocoa production
The Nigeria Export-Import Bank has launched a digital hub, ‘Cocoa Connect Africa’ in its bid to boost cocoa production in…
More multinationals may exit Nigeria in 2024 – Report
Multinational firms in the Fast Moving Consumer Goods subsector may exit Nigeria this year if the operating environment does not…
2024 Budget: N800 to dollar benchmark strategic – Bagudu
The Minister of Budget and Economic Planning, Atiku Bagudu, says the decision to base the 2024 budget on foreign exchange…
World Bank explains why Nigeria, S’Africa, Angola face low growth
The World Bank Group has explained why three leading economies in Africa- Nigeria, South Africa and Angola will face slow…