Real Time Financial News Website
As part of efforts to support Nigeria’s commitment towardsnet-zero carbon emission, Schneider Electric has introduced a new range of micro-grid solutions. The micro-grid solutions were introduced to the Nigerian market…
TANZANIA Fertilizer Regulatory Authority (TFRA), has warned traders against hiking fertilizer prices for more than 50 per cent, noting that the government is considering reinstating indicative price for the product.…
The Federal Government has signed a Memorandum of Understanding with Huawei Technologies to train 1000 civil servants on cyber security strategies, ICT development trends; E-Government and 5G Motivation and industry…
THE currency in circulation rose by N418bn from N2.91tn in December, 2020, to N3.33tn in December, 2021, according to figures obtained from the Central Bank of Nigeria. The CBN data…
The Nigeria economy expanded by 3.4% in real terms in 2021, with an estimated value of N72.39 trillion, increasing from N70.01 trillion recorded in the previous year. Nigeria’s real GDP…
Minister of State for Petroleum Resources Chief Timipre Sylva has attributed the inability of Nigeria to meet the Organisation of the Petroleum Exporting Countries (OPEC) to lack of investments in…
The LIRS has notified all individual taxpayers, under the PAYE scheme to file their Annual Tax Returns. LIRS Executive Chairman Mr Ayodele Subair urged all individual taxpayers, including self-employed persons.…
TELECOMMUNICATION companies may delay the commercial rollout of fifth-generation technology due to the weak purchasing power of their customers as a result of inflation. In a panel session during The…
Looking back to some 20 years ago, you will probably find only a handful of women leading or sitting at top executive positions in major companies across industries. But things…
The FinTech Association of Nigeria has unveiled The Start-Up Marketplace – a platform designed to provide start-ups with the necessary support to thrive. This scheme would be supporting start-ups in…
The Major Oil Marketers Association of Nigeria (MOMAN) says its members are close to the completion of blending the off-spec petrol imported into the country. MOMAN’s Executive Secretary, Mr Clement…
The International Monetary Fund has said Nigeria and other African countries are vulnerable to higher food and fuel prices, low tourism revenues, and difficulty accessing the international capital market This…
The Federal Government on Thursday called on the United States Government to support Nigeria with funds to develop Nigeria’s natural gas resources so as to serve as alternative source of…
President Muhammadu Buhari sent a letter to the House of Representatives yesterday, requesting that the Electoral Act, to which he recently consented, be amended. Specifically, the President is requesting that…
The Nigerian government yesterday urged Turkish authorities to consider funding major oil and gas projects in the West African country, in light of the planned exit of major international oil…
As the world celebrated International Women’s Day (IWD) yesterday under the theme “Gender Equality Today for a Sustainable Tomorrow,” President Muhammadu Buhari praised Nigerian women. According to a statement issued…
Global Women Network, a nongovernmental organization based in the United Kingdom with roots in Nigeria, is hosting a seminar to coincide with the launch of its information and communication technology-related…
EMTECH, a fintech firm for central banks and regulators, and Global Infoswift Consulting have launched FINREG Learn, a capacity-building program to assist financial services regulators and players in navigating the…
Google, the technology giant, has announced that Nigerians who use its platform to conduct business will be required to pay 7.5 percent VAT beginning April 1, 2022. Google stated in…
Members of the Host Communities Producing Oil and Gas are fighting identified loopholes in the Petroleum Industry Act and urging the Senate to make the necessary changes. This was disclosed…
The Nigerian Exchange Limited (NGX) sustained a sliding profile at the reopening of transactions, yesterday, as many blue-chip stocks, especially Niger Insurance and AIICO depreciated in price, resulting in a…
The Federal Government through the Nigeria Customs Service on Monday announced a 31-day suspension of the controversial electronic valuation system for imported vehicles, also known as Vehicle Identification Number valuation.…
The cost of revenue collection by key revenue-generating agencies of the Federal Government rose by N108.98bn between 2019 and 2021. Specifically, data from the National Bureau of Statistics revealed that…
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the high interest of Nigerians in the agricultural sector, expressing the bank’s commitment…
The invasion of Ukraine by Russia could affect Nigeria’s importation of wheat, a major ingredient used for the production of a wide range of food including bread, noodles, pasta, cakes…
Despite the growing queues across the country, the federal government has maintained that there is enough petrol in the depots to meet the rising demand. Updating the press, after receiving…
With current renewed efforts at strengthened bilateral relations, the State of Qatar has forecasted that its level of investment in Nigeria will reach around N500 billion by the end of…
The Nigeria Extractives Industries Transparency Initiative (NEITI) revealed yesterday that oil companies’ liabilities to the federation as of December 31st, 2020, were N1.32 trillion or $3.17 billion, up from N2.6…
The United States has stated that it is proud to be one of the largest foreign investors in Nigeria, as leading American brands expand their investment portfolios, creating job opportunities,…
The World Bank has approved a $723 million grant package for Ukraine, which would help the country’s government budget while it fights a Russian invasion. According to a statement posted…