Secretary to the Government of the Federation SGF, Senator George Akume, has identified Nigeria’s North Central region as a potential hub for the country’s non-oil export...
Federal Inland Revenue Service on Tuesday directed banks, stockbrokers and other financial institutions to deduct a 10% withholding tax on interest earned from investments in short-term...
Global Ratings said African regional development creditors are poised to expand lending to fill national financing gaps, as capital buffers strengthen and new frameworks increase their...
Nigerian Exchange (NGX) lost about N95 billion on Monday due to investors’ negative sentiment in Tier-1 banks, insurance stocks and Nigerian Breweries, among other decliners. The...
federal government has constituted a committee to address outstanding debts owed to power generation companies (GenCos) and to establish sustainable payment mechanisms to prevent future accumulation....
Minister of Solid Minerals Development, Dr Dele Alake, has said Chinese companies invested $1.3billion in Lithium processing in Nigeria. Mr Alake stated this while speaking on...
Nigeria’s external reserves has risen to $42.862 billion as of last week. According to the Central Bank of Nigeria (CBN), the reserves could finance more than...
Federal Competition and Consumer Protection Commission (FCCPC) has said that the recent court rulings that uphold consumer rights in Nigeria, notably the Lagos High Court’s award...
Nigeria recorded over $50 billion worth of cryptocurrency transactions between July 2023 and June 2024. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC),...
Federal Government (FG), states and local government shared a total of , N16.45 trillion from revenue collected at the federal level, marking an approximately 50% increase...
