The federal government says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The development is coming months after President...
The United States of America recorded a 0.9% contraction in its gross domestic product in the second quarter of 2022, following a 1.6% annual decline recorded...
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market on Wednesday, 27th of July 2022,...
The senate has invited Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the depreciation of the naira. On Friday, the naira fell at...
The Federal Government says major tech giants including Google, Facebook, Twitter, YouTube have shown interest in investing and exploring business opportunities in Nigeria’s digital space. The...
The Nigerian National Petroleum Company (NNPC) Limited says it is not planning to lay off its staff due to the recent transition. A week ago, President...
The Central Bank of Nigeria (CBN) has asked a court for an order to freeze 157 accounts of Meter Asset Providers (MAPs) for allegedly diverting funds...
Naira has fallen above ₦660/$1 on the black market with a new exchange rate emerging. According to reports, the Nigerian official currency, naira has fallen massively...
Nigerian bakers have decided to hike the price of bread by 20 percent amid surging production costs. Last week, bakers, under the aegis of the Premium...
Nigeria’s biggest network provider, MTN Nigeria has reversed itself on the claims that it remitted N757.5bn to the Federal Government in 2021. The company said last...