CATEGORY
Business and Economy
JUST IN: Inflation Eases to 32.15% — NBS
Despite the continuous rise in commodity prices across Nigeria, the National Bureau of Statistics (NBS) has reported that the headline inflation rate eased to...
Global Markets Cautious Amid Interest Rate Cut Speculation
Global equity markets remained cautious on Monday as investors struggled to extend recent gains, with speculation growing over the size of an expected U.S....
JUST IN: NNPC to Sell Dangote Petrol for N1,019/Litre in Borno, N950 in Lagos
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will be sold at prices above N1,000 per litre...
Tinubu Administration’s Need for Genuine Economic Reforms in Nigeria
By Milcah TanimuTinubu administration to enhance Nigeria's economic landscape. Comprehensive reforms are essential to boost fiscal space, address the impacts of global warming, and...
FG Targets $100bn Revenue from Creative Economy
The Federal Government has outlined plans to generate at least $100bn annually and create over two million jobs from Nigeria's creative economy. This ambitious...
CBN gives PoS operators one month to use aggregators
The Central Bank of Nigeria (CBN) has issued a directive requiring all Point of Sale (PoS) operators to route their transactions through licensed Payment...
Banking Sector Leading Nigeria’s Economic Recovery – FBN
As Nigeria continues to face economic challenges, the banking sector is emerging as a key driver of sustainable growth, according to Olusegun Alebiosu, Managing...
Nigeria’s Top 10 Company Income Tax Contributing Sectors
Nigeria recorded a Company Income Tax (CIT) of N2.47 trillion in the second quarter of 2024, representing a 150.83% increase from N984.61 billion in...
CBN Mandates New Guidelines for PoS Transactions
By Milcah TanimuThe Central Bank of Nigeria (CBN) has issued a new directive for Payment Service Providers (PSPs), effective September 11, 2024, to improve...