The Central Bank of Nigeria (CBN) has announced that it will discontinue the use of the foreign exchange price verification system portal for importers starting from...
A recent review of the Company Income Tax (CIT) report for the first quarter of 2024 reveals a significant decline in income tax payments by companies...
The Debt Management Office (DMO) of Nigeria has reported a significant increase in the nation’s total public debt, which reached N121.67 trillion (approximately $91.46 billion) as...
The National Drug Law Enforcement Agency (NDLEA) has successfully intercepted and seized a substantial 207,976 kilograms of hard drugs at various seaports across the country between...
The Dangote refinery has announced a delay in releasing premium motor spirit (PMS) to the market, moving the anticipated date to July. This announcement was made...
Economic experts and industry stakeholders are urging government intervention to support the telecom sector, following significant losses reported by telecom companies on the Nigerian Exchange Limited...
Newly released data from the Nigerian Bureau of Statistics (NBS) reveals a significant 123% increase in agricultural exports, reaching ₦463.97 billion compared to Q4 2023, and...
The International Monetary Fund (IMF) has projected a robust growth trajectory for Nigeria’s economy, anticipating it will reach $1.85 trillion in Purchasing Power Parity (PPP) terms...
Nigerians have demonstrated resilience in their economic activities, as highlighted in the latest Quarterly Statistical Bulletin from the Central Bank of Nigeria (CBN). Despite challenges, there’s...
Businesses operating in Nigeria are increasingly being regulated as the government strives to promote good corporate governance and best practices