Business
FG Plans to Tax More Nigerians Despite Economic Hardship
The Bola Ahmed Tinubu administration is set to implement a new tax plan that will affect more citizens and businesses. This decision comes despite the...
Business
CBN Announces ₦1.4 Trillion Cash Injection to Alleviate ATM Shortages
The Central Bank of Nigeria (CBN) has announced plans to inject ₦1.4 trillion into the banking system over the next three months. This move aims...
Business
Abidjan-Lagos Highway Funding Won’t Be Delayed – ECOWAS
The Economic Community of West African States (ECOWAS) has reassured the public that funding will not delay the much-anticipated construction of the Abidjan-Lagos Highway...
Business
Huge Mistake: Dangote Slams NNPC for Reducing Stake in Refinery
Aliko Dangote, Africa's richest man and the president of Dangote Group, has expressed disappointment over the Nigerian National Petroleum Company Limited (NNPC) reducing its...
Business
CBN Begins Search for New Directors After Major Restructuring
The Central Bank of Nigeria (CBN) is taking steps to appoint new directors after a recent shake-up that saw several high-ranking officials relieved of...
Business
From 26.75% to 27.25%: CBN Raises Interest Rate to Combat Inflation
The Central Bank of Nigeria (CBN) has announced an increase in the monetary policy rate (MPR) from 26.75% to 27.25%. This decision, made by the...
Business
Dangote: Our Petrol Is 15% Cheaper Than NNPCL Imported Fuel
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has claimed that petrol produced at his Dangote Refinery is 15% cheaper than...
Business
Naira Slumps to Record Low of N1,640 per Dollar in Parallel Market
The Naira, Nigeria's official currency, yesterday recorded a sharp decline in the parallel market, dropping to N1,640 per dollar. This marks a further depreciation from...