Category: Local

The Federal Government of Nigeria aims to achieve a tax-to-Gross Domestic Product (GDP) ratio of 18% within the next three…

Dr. Olasupo Olusi, the Managing Director of Bank of Industry Limited (BoI), has expressed a commitment to collaborate with modular…

The Nigerian Exchange Limited (NGX) experienced a decline of N35 billion in market capitalization on Wednesday. This drop was attributed…

Nigeria’s equities market witnessed a negative turn as investors opted to take profits, particularly in stocks that have seen significant…

KPMG has projected that Nigeria’s headline inflation could reach 30 percent by December 2023, attributing this anticipated increase to recent…

Nigeria has revived a dispute with shipping companies, demanding that non-resident shipping lines settle outstanding tax bills, amounting to millions…

Nigeria has withdrawn civil claims against energy giant Eni SpA and its partner, Shell, concluding a prolonged legal battle in…

Introduction: Nigeria is being advised to prioritize low-hanging revenue opportunities over increasing debt to achieve economic prosperity, according to experts…

The Office of the Accountant General of the Federation (OAGF) in Nigeria has announced the drafting of a bill aimed…

Nigeria is contemplating a shift in its economic strategy by prioritizing low-hanging revenue opportunities over increasing debt, according to experts…

The United States has expressed gratitude for the recent breakthrough agreement between Israel and Hamas, leading to the release of…

Nigerian independent energy company, Seplat Energy Plc, has unveiled plans for a substantial $250 million investment in the construction of…

Nigerian Breweries (NB) Plc, the largest brewery in Nigeria, has presented a proposal to its shareholders seeking approval for the…

President Bola Tinubu recently engaged in discussions with German Federal Chancellor Olaf Scholz during the G20 Compact with Africa Economic…

The House of Representatives Committee on Finance is currently conducting a status enquiry into the National Lottery Trust Fund (NLTF)…

The Nigerian federal government, through the Ministry of Power, has finalized a $2.2 billion solar PV deal with Sun Africa,…

The departure of GlaxoSmithKline (GSK) from Nigeria has triggered a severe healthcare crisis, leading to a surge in drug prices.…

Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has reported a significant increase in the Federation…

The Central Bank of Nigeria (CBN) has deferred its Monetary Policy Committee (MPC) meeting for the second time since the…

The inflation crisis in Nigeria is exacerbating the challenges faced by individuals with chronic health conditions, particularly those requiring regular…

Despite Nigeria being Africa’s most populous country with a significant mobile user base, the adoption of streaming services, including Netflix,…

The Nigerian naira has appreciated against the US dollar, gaining 0.88% to reach N1,125/$ on the parallel market. This follows…

Out of Nigeria’s 36 states, only Lagos was represented at the 2023 Africa Investment Forum (AIF) in Marrakech, Morocco, showcasing…

Nestle Nigeria has reported a loss after tax for the 9-month period ending in 2023 due to a significant foreign…

Summary:The Federal Government of Nigeria has declared a state of emergency in the country’s health sector, citing the dilapidated state…

Summary:Amid the impact of inflation on various sectors, including real estate, there are still opportunities for investors in certain areas.…

Illicit financial flows (IFFs) in Nigeria, driven by corruption, tax evasion, money laundering, and illegal trade, have become a significant…

Nigeria’s inflation has reached a new multi-decade high, hitting 27.3% in October, defying global trends. The surge is particularly concerning…