The operators of modular refineries claimed on Sunday that when the Dangote Petroleum Refinery and other indigenous producers begin huge output, the pump price of Premium Motor Spirit, also known ...
Nigeria's foreign exchange reserve has steadily increased over the last six days, following a 10-week decline of $1.8 billion, suggesting that the country's external reserve is beginning to recover. Data ...
The Chartered Institute of Taxation of Nigeria (CITN) has observed that high inflation, weak naira, and policy tightening could threaten economic growth in 2024. Samuel Agbeluyi, President of CITN, highlighted ...
President Bola Ahmed Tinubu plans to halt the payment of taxes and levies in foreign currency through an executive order. This measure aims to reduce pressure on the naira and ...
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon by the Organised Labour to protest against the N60,000 minimum ...
The rise of cryptocurrencies has not only transformed the financial world, but has also entangled countless celebrities in legal battles. From secret marketing to class action lawsuits, the enticing appeal ...
The Nigerian official foreign exchange (FX) market experienced a substantial downturn, with turnover plummeting by 42.92% on Monday, June 3, 2024. It seems traders and financial institutions cautiously approached the ...
The equity market started the week on a down note, ending the previous session’s winning streak as investors saw a loss of N103 billion due to sell-offs in Tier-one banking ...
The Federal Inland Revenue Service (FIRS) has missed its oil tax revenue target for the first four months of 2024, N1.69 trillion. The approved 2024 budget set a goal of ...
The World Bank has approved a $250 million International Development Association (IDA) credit for Ghana’s Financial Stability Project. This five-year initiative aligns with Ghana’s Financial Sector Strengthening Strategy (FSSS). Enhancing ...
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