Business News

The Central Bank of Nigeria (CBN) released its most recent monetary statistics, revealing a 91.7% decline in Nigeria's Net Foreign Assets (NFA). These assets now stand at a mere N591...

Global energy company Eni celebrated the sail away of the Tango Floating Liquefied Natural Gas (FLNG) and Excalibur Floating Storage Unit (FSU) vessels from Dubai to the shores of the...

On Tuesday, Microsoft (MSFT) revealed its quarterly financial results after the market closed, surpassing analysts' expectations in terms of both revenue and earnings per share. The tech giant recorded $56.5...

1. PenCom recovers N25.13bn unremitted pension contributions, penalties from employers The National Pension Commission (PenCom) says it has recovered N25.13 billion from defaulting employers which comprises of N12.80 billion principal...

THE Federal Government through the Nigerian Shippers Council, NSC, yesterday reduced port terminal charges by 33 per cent from to 400 per cent to 600 per cent of storage. But the...

A whopping N12.384 trillion will be forgone by the Federal Government (FG) will forgo N12.4 trillion as tax waivers, concessions and incentives in the four years (2023 – 2026). Beneficiaries of these...

Nigeria and its African neighbours have been described as the biggest victims of the speedy energy transition being championed by the developed world. Speaking at the 3rd Biennial International Conference...

The Lagos state division of Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay the sum of $72, 551, 059, in tax default to the Federal Inland Revenue Services....

In an announcement made during the 29th Nigerian Economic Summit held in Abuja, Gboyega Oyetola, the Minister of Marine and Blue Economy, unveiled an ambitious plan to rejuvenate Nigeria's deteriorating...

1. FULL LIST: Internally Generated Revenue by states, FCT in 2022 The National Bureau of Statistics, on Monday, said a total of N1.93 trillion was generated across the 36 states...