Business Tax Now Highest Revenue Source to Federation – AGF May 15, 2024 Ekemini Uba The Federal Government of Nigeria has asked tax collectors to work harder to get more money from taxes. The Accountant-General of the Federation, Oluwatoyin Madein, said this during a tax…
Business SEC to Work with EFCC on Foreign Exchange Trading Manipulations May 15, 2024 Ekemini Uba The Securities and Exchange Commission (SEC) has pledged to collaborate with the Economic and Financial Crimes Commission (EFCC) to curb trade manipulations in the virtual space. Dr. Emomotimi Agama, the…
Business Firm Unveils $40,000 Funding For Entrepreneurs In Agric Value Chain May 15, 2024 Ekemini Uba Heifer Nigeria has introduced a $40,000 funding initiative through the AYuTe Africa Challenge Nigeria 2024. This program aims to identify and support innovative, technology-driven, and agriculture-focused enterprises in Nigeria. The…
Business Local NACCIMA hosts delegations from China, discusses Nigeria-China trade relations May 15, 2024 Ekemini Uba The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) hosted a 22-member delegation from Hunan Province, China, at the Abuja Chamber of Commerce and Industry (ACCI). The…
Business Nigeria’s Oil Production Rises to 1.28 Million Barrels Per Day in April 2024 May 15, 2024 Ekemini Uba The Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria’s oil production, excluding condensate, increased by 4% in April 2024 to 1.28 million barrels per day (bpd) from 1.23 million…
Business Local SMEs Urged to Leverage AI for Business Growth at Ecobank MySME Webinar May 15, 2024 Ekemini Uba Small and Medium Enterprises (SMEs) in Nigeria have been encouraged to adopt Artificial Intelligence (AI) technology to enhance their business operations and growth. Ehia Erhabor, Founder of AI Nigeria, delivered…
Business World Bank Reports Nigeria’s Growth in Private Sector Investments for 2023 May 15, 2024 Ekemini Uba The World Bank reported that Nigeria secured 133 private sector investment commitments in three projects during 2023. This information came from the World Bank’s Private Participation in Infrastructure (PPI) 2023…
Business Currency Local Naira Weakens to N1,520 Per Dollar in Parallel Market May 15, 2024 Ekemini Uba The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per dollar last week Friday. This depreciation highlights the ongoing challenges faced…
