When in February, the Central Bank of Nigeria (CBN) directed banks and other financial institutions to cease transactions in cryptocurrencies and facilitating payment for cryptocurrency
Category: ECONOMY
Oil Gains With Global Demand Tightening Crude Market
Oil rose to the highest in a week amid expectations that recovering demand from the U.S. to India and Europe will further tighten global crude
Nigeria May Raise VAT to 15% Before 2025: Report
A report by the Economist Intelligence Unit (EIU), London, has predicted that the federal government might effect a 100 per cent rate increase in the
Buhari regime gives sole sugar importation licence to Dangote, BUA, Golden
The Buhari regime has announced that only BUA Sugar Refinery Limited, Dangote Sugar Refinery Plc and Golden Sugar Company will be allowed to import sugar
Debt servicing rises, gulps 72% of FG revenues
The Federal Government made a total of N3.25tn in 2020, according to a review of the budget performance of the 2020 Appropriation Act. The review
Oil palm production: Edo govt collaborates with IDH to regain top position
Leveraging on the investment friendly environment in Edo State, an international organisation, Initiatief Duurzame Handel (IDH), a Sustainable Trade Initiative has collaborated with the state
Emefiele: N15tn Infrastructure Company to Take off Third Quarter
The N15 trillion Infrastructure Company Limited (InfraCo), created by the federal government to bridge the nation’s huge infrastructure gap is to take off in the
Edo Inland Dry Port’ll fast track Nigerian export – Obaseki
The Edo State Governor, Mr. Godwin Obaseki, has said the Edo Inland Dry Port will create a new vista to boost Nigeria’s export. The governor
Why Many Countries Are Rejecting Nigerian Exports – Foreign Minister
The Minister of Foreign Affairs, Mr Geoffrey Onyeama on Saturday lamented the rejection of Nigerian exports by other countries. Mr Onyeama was speaking at a
FIRS generates N650bn revenue in one month
The Federal Inland Revenue Service (FIRS) has said it generated N650 billion revenue in June. The Director, Communications and Liaison Department, FIRS, Mr. Abdullahi Ahmad, disclosed this
