The Central Bank of Nigeria said it has approved $20,000 each for eligible Bureaux De Change at the rate of N1,580 to a dollar. This is according to a statement issued by the Acting Director, […]
Nigeria and Indonesia have entered into a Memorandum of Understanding (MoU) to enhance palm oil production and market expansion, aiming to reduce reliance on traditional methods and boost smallholder farmers’ income. The MoU was signed […]
The Nigerian National Petroleum Company Limited, NNPC Ltd., has declared N3.3 trillion profit for the 2023 financial year. Chief Financial Officer of NNPC Ltd., Umar Ajiya, who addressed newsmen on Monday on the development, said […]
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has urged African countries to leverage the support of global partners for sustainable economic growth. The services, as well as financial policy, will be instrumental […]
The Manufacturers Association of Nigeria has commended President Bola Tinubu for achieving the breakthrough on the long-awaited minimum wage for Nigerian workers. MAN director-general Segun Ajayi-Kadir made the commendation while reacting to the N70,000 minimum […]
The Federal Inland Revenue Service says the number of new taxpayers in Nigeria has increased by 170,000, and tax compliance has improved by 20 per cent over a year. Femi Olarinde, special adviser to the […]
The operating environment is often very challenging for startups. Access to finance poses a major hurdle due to the bottlenecks primary lending institutions put on their way and the high cost of funds in the […]
Amid complaints of low power generation, the electricity distribution companies were able to raise monthly revenue from N95bn in January to N100bn in March 2024. According to data released by the Nigerian Electricity Regulatory Commission, […]
President Bola Tinubu’s administration is aimed at revamping the nation’s tax system without overburdening Nigerians, Vice President Kashim Shettima has clarified. Speaking on Thursday, May 23, when he received a delegation from the Chartered Institute […]
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