Retirees park N798bn in pension for life
Many people who have retired in Nigeria are saving their money in something called “life annuity.” This means they give…
Day: September 26, 2024
Breaking: FG increases NYSC monthly allowance to N77,000 effective July 2024
The Nigerian government has decided to give more money to young people who are part of the National Youth Service…
Nigeria to widen tax net over revenue shortfall
The Nigerian government wants to get more people and businesses to pay taxes. This will help the country get more…
PENGASSAN to Fed Govt: increase stake in Dangote Refinery to 45%
PENGASSAN, a group for oil and gas workers in Nigeria, wants the government to own more of the Dangote Refinery.…
Fed Govt okays N158b for Lekki Port service lanes
The Nigerian government has approved a big project costing N158 billion. This project will build new service lanes, or extra…
CBN boosts FX market with $20,000 to BDCs
The Central Bank of Nigeria (CBN) has decided to help people and businesses get U.S. dollars more easily. They will…
ExxonMobil mulls $10b investment in Nigeria’s deep-water
Nigeria’s economy is getting stronger because two big companies are planning to invest a lot of money in the country.…
CBN sells dollars to BDCs at N1,590/$
The Central Bank of Nigeria (CBN) has decided to help people and businesses get more foreign money by allowing bureau…