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The Apapa Area Command, Kirikiri Lighter Terminal, of the Nigeria Customs Service has said there was a 21.6 per cent drop in cargoes at the command. The Customs Area Controller ...
The Nigerian Economic Summit Group has said that inflation weakened the naira by 14.9 per cent, adding that the naira redesign plan of the Central Bank of Nigeria triggered the ...
There was pandemonium at the headquarters of the Nigerian Labour Congress on Wednesday as the National President, Ayuba Wabba, engaged in a rumpus fight with civil servants who demanded explanations ...
The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The government also confirmed that there was a ...
US Vice President Kamala Harris has announced plans to work with Congress to fund an additional $100 million government investment in the Young African Leaders Initiative (YALI). The announcement was ...
Nigeria’s headline inflation fell from 21.47 per cent in November 2022 to 21.34 per cent in December 2022 according to the National Bureau of Statistics. In 2022, the country’s inflation ...
Analysts at Access Pensions Limited have predicted that with persistently elevated inflation, limited fiscal space, upcoming general elections and various economic occurrences would suggest that the interest rate environment will ...
According to the Centre for the Promotion of Private Enterprise (CPPE), the proposed increase in Tertiary Education Taxes to 3% in the Finance Bill 2023 is too soon, as businesses ...
Cashless transactions in Nigeria rose by 42.05 per cent to hit N395.47tn in 2022, according to new data from the Nigeria Inter-Bank Settlement System. The new data revealed that Nigerians ...
Companies in the non-oil export sector generated earnings worth $4.82bn in 2022, according to the Nigerian Export Promotion Council. This came as 214 products ranging from manufactured, semi-processed, solid minerals, ...