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Economy

FIRS clarifies stamp duty rates, others

The Federal Inland Revenue Service (FIRS) has published detailed information to guide taxpayers and the general public on rates payable as stamp duty.Mr Abdullahi...

Naira exchanges at N472 to dollar at parallel market

The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.The Pound...

Oil prices steady as clouds gather over fuel demand, looser supply curbs

Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in...

NSE: Market indicators record marginal growth, up 0.06%

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain of the week, appreciating marginally by 0.06 per cent due to bargain hunting...

Private sector investment, key to reducing govt’s financial burden – Adebayo

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, says private sector investment in the Nigerian economy, especially the Special Economic Zones (SEZs),...

Micro-credit scheme gives N72m free loan to 900 residents of Badagry communities

The Aje Micro-Credit Scheme, a subsidiary of Yinka Folawiyo Petroleum Company Ltd., has started to give out no less than N72 million...

NASS, NERC to partner on legal framework to protect investment in power sector

The National Assembly (NASS) says it is working with the Nigerian Electricity Regulatory Commission (NERC) to put in place a legal framework that...

SEC, NITDA to collaborate on data protection in capital market

The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts...

Renovation of National Theatre will build up more resilient economy — Emefiele

The Central Bank of Nigeria (CBN) in conjunction with the Bankers Committee has said that the National Arts Theatre, when renovated and fully operational,...

2020 revised budget: Buhari challenges MDAs on capital project delivery

President Muhammadu Buhari has challenged Ministries, Departments and Agencies to intensify capital project delivery efforts and fully cooperate with the Ministry of Finance, Budget...

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