Business News

Dr. Olutayo Obadina, a financial expert, has asserted that the Nigerian government's decision to float the Naira is the primary cause of citizens' current economic hardship, rather than the removal...

Matt Hougan, Chief Investment Officer at Bitwise, has stated that Bitcoin is on track to reach a six-figure price, further bolstering the bullish sentiment within the cryptocurrency community. According to...

The Federal Government of Nigeria is negotiating a $500 million loan from the World Bank to improve basic education outcomes and reduce the number of out-of-school children. According to the...

The Federation Account Allocation Committee (FAAC) has distributed N1.298 trillion to the Federal Government, state governments, and Local Government Councils (LGCs) for September 2024. This was revealed in a communiqué...

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that the recent sharp decline in the value of the naira presents a significant opportunity for Nigeria...

A recent report by Oxfam International reveals that at least 99% of Nigeria’s wealthiest individuals evade their tax obligations, exacerbating the country’s revenue gap. The report, titled “Taxing the Rich:...

The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for countries, cutting the charges by up to 36%. This change, which aims to relieve countries facing...

Innocent Chukwuma, the CEO of Innoson Motors, reports a growing demand for electric vehicles (EVs) in Nigeria, largely driven by soaring petrol prices. During an interview with Channels Television, Chukwuma...

The Federal Government of Nigeria has introduced a new tax bill that mandates individuals working in the banking, insurance, and stockbroking sectors to present a Tax Identification Number (TIN) before...

Aliko Dangote, Chairman and CEO of Dangote Refinery, recently met with the Prime Minister of Grenada, Dickson Mitchell, to discuss a potential trade deal. The aim is to boost trade...