Minimum wage earners to be exempted from tax payment – Buhari
THIS is good news for minimum wage earners in the country. They will in no distant time be exempted from…
Year: 2020
Modular Refinery As Game Changer For South-East
From the Ibigwe refinery of Waltersmith Petroman expected to be inaugurated this week, Nigeria’s five south eastern states can comfortably…
Biden To Name Yellen To Treasury To Lead U.S. From Sharp Economic Downturn
President-elect Joe Biden is expected to nominate former Federal Reserve Chair Janet Yellen as U.S. Treasury secretary, breaking a 231-year…
Ghana is running out of fiscal space after its debt-to-GDP ratio reached 71%, says Central bank
Ghana is running out of fiscal space as its debt-to-GDP ratio reached 71% by Sept. 30, the highest in nearly…
Yemi Edun named among Britain’s most influential black people in the new powerlist
London property expert and acquisition agent, Yemi Edun, on Tuesday was named as one of the UK’s most influential black…
How African Trucking Firms Are Trying To Make Everything Cheaper
Getting products from manufacturers to market can be a slow and expensive process in Africa. But a new generation of…
Investors Commit Billions At Lagos Free Zone In Nigeria
Lagos Free Zone (LFZ) ( www.LagosFreeZone.com ), the first privately owned special economic zone in Nigeria with an integrated deep…
Bitcoin Pierces $19,000 For First Time Since 2017
Bitcoin surpassed $19,000 for the first time since 2017 as the mania over digital currencies continues to grip Wall Street.…
Nigeria: COVID-19 Caused Recession – Buhari
As Nigeria slips into recession for the second time in five years, President Muhammadu Buhari, says it came about because…
Nigeria Government Plans To Only Buy Locally Assembled Cars
Nigeria plans to introduce a policy for government to buy only locally assembled cars in a bid to increase the…
Aussie And Euro Gain As U.S. Transition Goes Ahead; Kiwi Jumps
Risk-oriented currencies including the Australian dollar and the euro rose on Tuesday after U.S. President Donald Trump accepted the start…
Naira Plunges Further, Exchanges For 483/$ Over Speculation
The naira exchanged to the dollar for 483 in the parallel market on Monday. This was despite the regular interventions…
Bitcoin Nears N9m As Naira Gains N1 Against Dollar At Parallel Market
Business Post gathered from Quidax, a platform used for trading cryptocurrencies in Naira, that six other digital currencies tracked equally…
World Bank Predicts Nigeria’s Per Capita Income May Hit 40-Year Low
Nigeria’s per capital income in 2020 could decline to its lowest level in 40 years, the World Bank Country Director…
UK Leader To End England’s Coronavirus Lockdown On Dec. 2
LONDON — British Prime Minister Boris Johnson has announced plans for strict regional measures to combat COVID-19 after England’s lockdown…
China Is Set To Eclipse America As World’s Biggest Oil Refiner
Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries…
Inside Illicit Trade In West Africa’s Oldest Artworks – Part 1
Outside it has become night. In front of the windows of one of Abuja’s grandest hotels, the pool shines turquoise…
Goldman Says Saudi Peg ‘Here To Stay,’ Though At Cost To Economy
Saudi Arabia is sacrificing non-oil economic growth with fiscal policies designed to ensure its currency peg’s stability during a period…
Busy Week For U.S. Economy Builds To Black Friday: Eco Week
The holiday-shortened week in the U.S. will be a packed one for economic data, while Federal Reserve meeting minutes will…
Canada Losing Billions Of Dollars To Offshore Tax Havens
Canada is losing $7.9 billion dollars to tax havens, according to a new study timed ahead of the G20 leaders…
Nigeria Officially Slides Into Worst Recession Since 1987
The Nigerian economy has slipped into its second recession in five years after the gross domestic product contracted the second…
Nigeria: Train 7 To Create 52,000 Jobs, Says NLNG
The Managing Director and Chief Executive Officer of the Nigerian Liquified Natural Gas, Tony Attah, has said that at least…
Aviation Sector Quakes Under Huge Debts
The fate of the nation’s aviation sector may be hanging on the precipice over N22b debts owed by some local…
Nigeria Fastest Growing Economy In Africa – UK Trade Envoy
Hon. Helen Grant, United Kingdom Trade Envoy to Nigeria, has said that Nigeria was the fastest growing economy in Africa.…
COVID-19, Oil Prices Drag Nigeria Into Second Recession In Four Years
Nigeria is back in a recession for the second time in four years, no thanks to COVID-19 and the crash…
The Socio-Economic Potentials Of CBN’s Youth Investment Fund
If well-implemented and devoid of political manipulation, the Nigeria Youth Investment Fund (N-YIF) should boost job creation and produce a…
Britain And Canada Agree Post-Brexit Rollover Trade Deal
Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billion-worth (£20.32 billion) of…
Nigerian General Dismisses Bloody Lagos Protest Videos As Fake
A judicial panel investigating claims that Nigerian soldiers shot dead peaceful protesters in Lagos viewed videos on Saturday appearing to…
Your iPhone can recognize any song with just a tap — here’s how to set it Up
Apple released a software update for iPhones and iPads earlier this month that includes a built-in music recognition button that…
Tech companies are lining up to go public — here’s what we learned from the most recent wave of IPO filings
Tech investors have plenty of reading to do over the Thanksgiving holiday in the form of IPO filings. DoorDash, Airbnb,…