World Bank projects 3.7% growth for Nigerian economy in 2025
The World Bank has predicted that Nigeria’s Gross Domestic Product (GDP) will grow by 3.7 percent in 2025. The World…
CBN Governor hints at reduction in fuel prices, FX stability in 2024
Dr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN) says fuel costs are expected to reduce in 2024, effectively impacting…
Servicing of Nigeria’s external debt gulps $3.07bn in 10 months – CBN
Latest data obtained from the Central Bank of Nigeria (CBN) has revealed that Nigeria spent about $3.07 billion towards servicing…
U.S. Secretary of State urges Nigeria to remove barriers to investment
U.S. Secretary of State, Anthony Blinken stated this yesterday after talks with President Bola Ahmed Tinubu at the State House…
LCCI urges FG to remove bottlenecks, ease import duties to encourage OPS
The President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has urged the federal government to remove…
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…