CATEGORY
Business and Economy
CBN Mandates New Guidelines for PoS Transactions
By Milcah Tanimu
The Central Bank of Nigeria (CBN) has issued a new directive for Payment Service Providers (PSPs), effective September 11, 2024, to improve...
Innoson Unveils First Locally-Made Electric Vehicle
Innoson Vehicle Manufacturing Company (IVM) has officially launched its first locally produced electric vehicle, marking a significant milestone for the Nigerian automotive industry.
Cornel Osigwe,...
FG to Spend N47.5bn on Upgrading 50 Secondary Schools
The National Senior Secondary Education Commission (NSSEC) has announced plans to upgrade infrastructure in 50 selected senior secondary schools across Nigeria, with a budget...
President Tinubu: Restoring Confidence in Nigeria’s Economy through Bold Reforms
By Milcah Tanimu
President Bola Tinubu has pledged to restore confidence in Nigeria’s economy. He addressed the 17th Annual Chartered Institute of Bankers of Nigeria...
20-Member Tunisian Delegation Arrives in Nigeria for Economic Forum
By Milcah Tanimu
A 20-member Tunisian delegation has arrived in Nigeria for the Nigeria-Tunisia Economic Forum, marking a significant step in enhancing economic collaboration between...
Aliko Dangote: Visionary Behind Nigeria’s Economic Powerhouse
By Best Agbese
The Dangote Refinery and Petrochemical Company, located in Lekki, a suburb of Lagos, is seven times the size of Victoria Island,...
“Spain’s PM Sanchez Advocates for Fair Trade with China Amid EU Trade Tensions”
Spanish Prime Minister Pedro Sanchez has called for a “fair trade order” during his visit to China, aiming to strengthen economic ties despite current...
VAT Rate Remains 7.5%, Confirms FG
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed claims of a proposed increase in the Value-Added Tax (VAT)...
National Identification Number Required for Rice Purchase at Subsidized Rate – FG
The Federal Government has mandated that only individuals with National Identification Numbers (NIN) can purchase subsidized 50kg bags of rice at N40,000 each. This...
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