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Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 in Abuja,...
The Cowpea and Beans Farmers, Processors and Marketers Association of Nigeria (C&BFPMAN) has highlighted high harvest yields as the reasons for the drop in the price...
World Bank Group has in its first comprehensive assessment of plight in the aftermath of COVID-19 said that “this year, 421 million people are struggling on...
Foreign direct investment (FDI) inflows into Nigeria declined by 19% to $250 million in Q1 2025, compared to $310 million in the previous quarter. This is...
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, states that Nigerians earning about N250,000 per month will be exempt from tax....
The Lagos Chamber of Commerce and Industry has commended President Bola Tinubu’s government for signing four landmark tax reform bills into law. In a statement on Friday,...
The African Development Bank (AfDB) has restated the urgent need for Nigeria to close its annual development financing gap of $31.5 billion. Abdul Kamara, AfDB’s director-general (D-G)...
President Bola Tinubu on Thursday signed into law the four new tax bills recently passed by the National Assembly, describing the new laws as pivotal to...
The National Drug Law Enforcement Agency (NDLEA), Apapa Command, says it seized 14 containers with different types of psychotropic drugs in the last year. The Assistant...
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has underscored the importance of institutional resilience as a vital foundation for building strong and...
The NGX stock market halted a six-day bullish streak due to profit-taking in BUAFOODS (-6.5%), OANDO (-10.0%), and FIRSTHOLDCO (-3.3%), dragging the NGX-AST lower by 0.4%...
Africa Export Import Bank Afrexim has reported that Nigeria led ECOWAS countries as the region’s largest intra-African trading country in 2024, hitting $18.4 billion in trade...
Africa Finance Corporation has said that the continent received over $95 billion in home remittances in 2024, with Nigeria, Egypt, and Morocco leading as top recipients,...
The World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement today to work together to support the safe, secure and responsible use...