Business
Nigeria Seeks Collaboration with WTO to Boost Digital and Marine Economies
Nigeria's delegation to the 148th Assembly of the Inter-Parliamentary Union (IPU), led by Senate President Godswill Akpabio, has engaged the...
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Central Bank of Nigeria Raises Interest Rates Amid FX Backlog Resolution
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has affirmed that all verified foreign exchange (FX) backlogs have...
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CBN Approves Second Tranche of Forex Sale to BDCs, Reduces Allocation
The Central Bank of Nigeria (CBN) has authorized a second tranche of foreign exchange (FX) sale to eligible Bureau De...
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Binance Executive Escapes Custody Amidst Allegations
Nadeem Anjarwalla, a high-ranking executive of Binance, who was detained in Nigeria over allegations related to foreign exchange trading manipulation...
Read moreDetailsCentral Bank of Nigeria’s MPC to Review Monetary Policy Amidst Inflationary Pressures
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is scheduled to convene on Monday to assess...
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Nigeria’s Domestic Debt Servicing Hits N4.38 Trillion in 2023
The Debt Management Office (DMO) revealed that the Federal Government of Nigeria (FGN) spent a staggering N4.381 trillion servicing its...
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US Invests $200 Million in ‘s Food Security in Last 5 Years, Says Envoy
The United States government has disclosed its investment of $200 million in Nigeria's food security initiatives over the past five...
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Nigeria Eyes VAT Increase to Shore Up Fiscal Health by 2027
Nigeria's federal government is contemplating a significant hike in the Value Added Tax (VAT) rate, aiming to raise it from...
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Oil Marketers Advocate Establishment of Energy Bank for Downstream Sector Development
Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have urged the federal government and...
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Nigeria’s Headline Inflation Hits 31.70% in February 2024
Nigeria experienced a sharp rise in its headline inflation rate in February 2024, climbing to 31.70%, a significant increase from...
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