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Business and Economy

Four Bloggers Re-Arraigned for Alleged Cyberstalking of GTCO CEO

On Monday, the Police re-arraigned four bloggers — Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami — before the Federal High Court...

Nigeria Needs Over $50 Billion to Address Infrastructural Deficit: SEC DG

Nigeria needs over $50 billion to address its growing infrastructural deficit, says SEC Director-General Emomotimi Agama. Speaking at a stakeholders' meeting, Agama emphasized the...

Three Months Later: Nigeria’s Food Import Waiver Policy Fails to Launch

Three months after the federal government introduced an import duty waiver scheme aimed at addressing food insecurity and curbing rising prices, the policy has...

Stamp Duty: Court Orders CBN to Pay Firm N579 Billion

Justice Inyang Ekwo of the Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Kasmal International Services Ltd....

JUST IN: FG Approves Direct Fuel Lifting from Dangote Refinery for Marketers

The Federal Government has granted petroleum marketers permission to lift petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPCL)....

Naira Gains Against Dollar but Declines Against Euro and Pound

By   Milcah   Tanimu The Nigerian currency, the naira, has appreciated against the US dollar in the official foreign exchange market. Recent data shows that the...

New Bill Requires Tax ID for Opening Bank Accounts in Nigeria

A new bill has been proposed in Nigeria that mandates individuals involved in banking, insurance, stockbroking, and other financial services to provide a Tax...

Net Forex Inflow Rises to $27.6bn in H1 2024, Says CBN

By Abigail Philip David Nigeria's net foreign exchange inflow surged by 67.8% to $27.6 billion in the first half of 2024, up from $16.44...

Labour Condemns New Petrol Price Hike as Fuel Queues Return

By Abigail Philip David Organized labour has expressed dissatisfaction with the latest increase in petrol prices, which now surpasses N1,000 per litre. Nigeria Labour...

NACCIMA Raises Concerns Over Petrol Price Hike, Warns of Inflation Impact

By   Milcah   Tanimu The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has expressed serious concerns over the recent increase in petrol...

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