Business
FG Proposes 25% Income Tax for Nigerians Earning ₦100 Million or More
The Nigerian government is set to introduce a new personal income tax rate of 25% for individuals earning ₦100 million or more each month....
Business
GTBank Completes System Upgrade Assures Customers of Better Services
Guaranty Trust Bank (GTBank) has assured its customers that their service experience will improve following a recent system upgrade. The bank made this promise...
Business
250% Electricity Tariff Hike Will Cripple Nigerian Manufacturers – MAN
The Manufacturers Association of Nigeria (MAN) has raised a serious alarm over the recent 250% hike in electricity tariffs, warning that no manufacturer in...
Business
Naira named One of Africa’s Worst-Performing Currencies, Falls by 43%
The Nigerian naira has been identified as one of the worst-performing currencies in Africa in 2024, following a sharp depreciation of approximately 43% since...
Business
Foreign Reserves Rise to $39bn, Though Inflation Remains an Issue – CBN Gov
Nigeria’s foreign reserves have increased to $39.12 billion, a 12.74% rise from $34.70 billion recorded at the end of June 2024. This was disclosed...
Business
Crude Oil Prices Drop to $73 Per Barrel as Middle East Tensions Ease
Crude oil prices experienced a significant drop on Tuesday, as tensions in the Middle East showed signs of easing. The price of Brent crude...
Business
Soaring Food, Fuel Prices Push Nigeria’s Inflation to Record 37.77%
Nigeria’s food inflation has hit an alarming rate of 37.77%, the highest in years, as the prices of essential items like rice, maize, beer,...
News
Seplat, Fidelity Bank, FBNH Lead Stock Market to Marginal Gains
The Nigerian stock market saw slight growth last week, with gains driven by three key players: Seplat Petroleum, Fidelity Bank, and First Bank of...