Business Tax Burden Threatening Participation In AfCFTA – MAN May 17, 2024 0 The Manufacturers Association of Nigeria (MAN) has raised concerns about the impact of multiple taxation on the!-->…
Local Customs Board Confirms Appointment Of 5 DCGs, 8 ACGs May 17, 2024 0 The Nigeria Customs Service Board (NCSB) has announced the appointment of five Deputy Comptrollers-General (DCGs)!-->…
Business Tinubu Pledges Support For Local Manufacturers May 17, 2024 0 The federal government is committed to creating a conducive environment for local manufacturers and small-scale!-->…
Market Weststar Unveils the Luxurious Mercedes-Benz GLS Facelift in Nigeria May 17, 2024 0 In a move to redefine luxury SUVs, Mercedes-Benz Nigeria, through Weststar Associates Limited, has unveiled the!-->…
Banking 8 banks pay N200bn as income tax in Q1’24 May 17, 2024 0 In the first quarter of 2024 (Q1'24), eight commercial banks in Nigeria collectively paid a total of N200.19!-->…
Business Deployment of CNG pumps rises 233% — Pi-CNG May 17, 2024 0 The deployment of dispensing pumps for Compressed Natural Gas (CNG) in Nigeria has experienced a remarkable surge!-->…
Crypto Crypto Exchanges Delist Naira from Peer-to-Peer Trading Platforms, SEC Confirms May 17, 2024 0 The Securities and Exchange Commission (SEC) announced yesterday that crypto exchanges have initiated the!-->…
Crypto Morgan Stanley Joins Major US Banks with $269 Million Investment in Bitcoin ETFs May 17, 2024 0 Morgan Stanley, one of the top banking firms in the United States, has disclosed its investment of $269 million in!-->…
Business Gas Supply Gets 25% Boost As Tinubu Unveils 3 Projects May 16, 2024 0 President Bola Tinubu recently commissioned three significant gas projects aimed at enhancing energy supply and!-->…
Business Senate Approves Tinubu’s $500m Loan Request To Finance Mass Metering May 16, 2024 0 The Senate has given its nod to President Bola Tinubu's request for a $500 million loan to fund the federal!-->…
Business Gbarain Power Plant Set to Begin Operations Soon- NDPHC May 16, 2024 0 Mr. Chiedu Ugbo, the Managing Director of Niger Delta Power Holding Company (NDPHC), announced that the 252!-->…
Currency Naira Recovers to N1,459.02/$ After Week-long Depreciation May 16, 2024 0 The naira made a remarkable recovery on Wednesday, bouncing back to N1,459.02 per dollar after experiencing!-->…
Business Tax Now Highest Revenue Source to Federation – AGF May 15, 2024 0 The Federal Government of Nigeria has asked tax collectors to work harder to get more money from taxes. The!-->…
Business SEC to Work with EFCC on Foreign Exchange Trading Manipulations May 15, 2024 0 The Securities and Exchange Commission (SEC) has pledged to collaborate with the Economic and Financial Crimes!-->…
Business Firm Unveils $40,000 Funding For Entrepreneurs In Agric Value Chain May 15, 2024 0 Heifer Nigeria has introduced a $40,000 funding initiative through the AYuTe Africa Challenge Nigeria 2024. This!-->…
Business NACCIMA hosts delegations from China, discusses Nigeria-China trade relations May 15, 2024 0 The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) hosted a 22-member!-->…
Business Nigeria’s Oil Production Rises to 1.28 Million Barrels Per Day in April 2024 May 15, 2024 0 The Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria's oil production, excluding!-->…
Business SMEs Urged to Leverage AI for Business Growth at Ecobank MySME Webinar May 15, 2024 0 Small and Medium Enterprises (SMEs) in Nigeria have been encouraged to adopt Artificial Intelligence (AI)!-->…
Business World Bank Reports Nigeria’s Growth in Private Sector Investments for 2023 May 15, 2024 0 The World Bank reported that Nigeria secured 133 private sector investment commitments in three projects during!-->…
Currency Naira Weakens to N1,520 Per Dollar in Parallel Market May 15, 2024 0 The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per!-->…
Business Argentina’s Inflation Rate Nears 300%, Despite Signs of Deceleration May 14, 2024 0 Despite positive signs of a deceleration, Argentina continues to face soaring inflation, with the annual inflation!-->…
Business South Africa’s Unemployment Rate Rises to 32.9% Ahead of Election May 14, 2024 0 South Africa's unemployment rate climbed to 32.9% in the first quarter of this year, up from 32.1% in the previous!-->…
Africa Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan May 14, 2024 0 Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million!-->…
Business Anglo American CEO Accelerates Spin-Off Plans to Hinder BHP Takeover Bid May 14, 2024 0 The CEO of Anglo American, Duncan Wanblad, revealed on Tuesday that the company's plans for a spin-off of its!-->…
Business Oil Prices Stable as OPEC Maintains Demand Forecast, Investors Await U.S.… May 14, 2024 0 Oil prices remained largely unchanged on Tuesday as OPEC retained its global oil demand predictions, while!-->…
Business U.S. Trade Representative Calls for Higher Tariffs on Chinese Goods May 14, 2024 0 U.S. Trade Representative Katherine Tai has proposed increased tariffs on a range of Chinese goods, citing the!-->…
Business Tetra Pak Names Haithem Debbiche as New Managing Director for West Africa May 14, 2024 0 Tetra Pak, a leading food processing and packaging solutions company, has appointed Haithem Debbiche as the new!-->…
Business Retail investors pile into stock market despite weaker purchasing power May 14, 2024 0 In the first quarter of 2024, despite facing accelerating inflation, which has eroded purchasing power, retail!-->…
Business NPA Clears Decade-Long Gridlock on Mile 2-TinCan-Apapa Corridor May 14, 2024 0 The Nigerian Ports Authority (NPA) has announced the successful clearance of the notorious decade-long gridlock on!-->…
Business FCTA issues 24-hour notice for demolition of 500 illegal structures in Abuja May 14, 2024 0 The Department of Development Control, under the Federal Capital Territory Administration (FCTA), has issued a!-->…