November 24, 2022
Nigeria: eNaira - Experts Suggest Ways to Increase Digital Currency Penetration
Experts in the digital currency space have agreed on ways to deepen acceptability of digital currency in Nigeria, especially the Central Bank of Nigeria owned eNaira. They were… Read more »
Nigeria: FAAC - Allocation Declines As Govt, States, LGs Share N736.8 Billion
The Federation Account Allocation Committee (FAAC), has shared the sum of N736.782 billion to the federal, states and local governments from the federally collected revenue in the… Read more »
Nigeria: Mixed Reactions as New Naira Notes Unveiled
Nigerians as well as finance experts are divided over their assessments of the newly redesigned naira notes that was unveiled by President Muhammadu Buhari yesterday in Abuja. Read more »
November 21, 2022
Nigeria: Operators Fume Over Govt's Proposed 20% Tax On Non-Alcoholic Drinks
Operators in the carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria (MAN) have raised alarm over implications of the federal government's proposed 20 per… Read more »
November 17, 2022
Nigeria: South Korean Envoy Visits Bua Group, Seeks to Deepen Partnerships
BUA Group has played host to the Ambassador of South Korea to Nigeria, Kim Young-Chae at the BUA Group HQ in Lagos. Read more »
November 15, 2022
Nigeria: Air Peace Suspends Flights Into Dubai Over Visa Ban
Air Peace airline, yesterday, announced suspension of its Dubai operations indefinitely over inabilty of Nigerians to get visa to the country. Read more »
November 07, 2022
Ghana: Protesters Demand Akufo-Addo's Resignation Over Economic Crisis
More than 1,000 protesters marched through Ghana's capital Accra on Saturday, calling for the resignation of President Nana Akufo-Addo amid an economic crisis that has hammered the… Read more »
November 04, 2022
Nigeria: Govt to Complete Rail Projects With Loans From China, Portugal, Turkey
Minister of Transportation, Mu'azu Jaji Sambo, said yesterday that the Federal Government hoped to complete the ongoing rail projects across the country with multi-billion dollar… Read more »
Nigeria: Again, Emirates Suspends Operations in Nigeria Over Trapped Funds
For the second time in two months, Emirates airline has announced suspension of flight operations into Nigeria indefinitely. Read more »
November 03, 2022
Nigeria: Why Nigeria's Solid Minerals Sector Revoked 3,400 Operational Licences Belonging to Miners in One Year
Over 3,400 operational licences belonging to operators of the mining sector in Nigeria is reported to have been revoked by a federal government agency, called Nigeria Mining… Read more »
November 02, 2022
Nigeria: Cement Factory - Dangote Appoints SAN to Defend Case Against Kogi Govt
A Senior Advocate of Nigeria, Dr Reuben Atabo, has been appointed by Dangote Industries Limited to defend it in the case filed against the organisation by the Kogi State… Read more »
Nigeria: Aviation - Rumble As Shareholding Structure Erodes Confidence in Nigeria Air
One of the many campaign promises Nigerians especially elites will want President Muhammadu Buhari to fulfill before exiting office by May 29th, 2023, is the nation having a… Read more »
Nigeria: Revenue Leakages - Nigeria, Others to Stop Tax Incentives, Waivers
Following the massive revenue leakages suffered by Nigeria and other African countries, the executive secretary of the African Tax Administration Forum (ATAF), Mr. Logan Wort, and… Read more »
Nigeria: Bi-Courtney Decries Picketing By Workers At Lagos Airport
Bi-Courtney Aviation Service Limited (BASL), operator of terminal 2 of the Muritala Muhammed Airport (MMA2), Lagos has decried the picketing of its terminal by the Air Transport… Read more »
Nigeria: 2023 Campaign - Atiku, Tinubu, Kwankwaso Offer Solutions to Ailing Economy
As the campaigns for the 2023 polls gather momentum, three of the leading presidential candidates yesterday gave indications of how they would revive Nigeria's failing economy. Read more »
Nigeria: Terror Alerts Devastating to Economy - Federal Govt
Minister of information and culture, Alhaji Lai Mohammed yesterday said that the terror alert issued by the United States and the United Kingdom high commissions in Nigeria… Read more »
Nigeria: Redesigning Naira Won't Check Rising Inflation - Analysts
Economic and finance experts have said the move by the Central Bank of Nigeria (CBN) to redesign and print new N200, N500 and N1000 denominations would have no major effect in… Read more »
November 01, 2022
Nigeria: Mixed Reactions Trail Gas Flaring in Nigeria
Mixed reactions have continued to trail gas flaring in Nigeria, as critical stakeholders in the oil and gas industry are yet to come to an agreement whether or not, government… Read more »
Nigeria: Eight Nigerian Clean-Energy Start-Ups Get $80,000 Grant Funding
No fewer than eight Nigerian Clean-Energy startups will get 80,000 Grant Funding from All On, through its venture-building platform, the All On Hub, in partnership with the Nigeria… Read more »
October 31, 2022
Nigeria: Dangote Sugar Declares N36.27 Billion Profit in 9 Months
Dangote Sugar Refinery Plc has announced a Profit Before Tax (PBT) of N36.27 billion for a duration of nine months ended Sept. 30, 2022. Read more »
October 28, 2022
Nigeria: Atiku Meets U.S. Chamber of Commerce, Nigeria Diaspora
The Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, will meet with the United States (US) Chamber of Commerce to discuss the deepening of bilateral relations… Read more »
October 27, 2022
Nigeria: Black Market Thrives in Yobe, As Fuel Sells for N600 Per Litre
As the scarcity of fuel bites harder across the country, the product is now available at the black market at the rate of N600 per litre in most parts of Yobe State. Read more »
Nigeria: President Muhammadu Buhari Seeks Expanded Trade Relations Beyond Gas Exports
President Muhammadu Buhari yesterday in Seoul, expressed Nigeria's desire to widen the scope of trade relations with the Republic of Korea beyond gas exports. Read more »
Nigeria: Digitalisation Helps Nigeria to Develop Sustainable Economy - Pantami
Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, has asserted that like other countries, digitalisation has enabled Nigeria to develop a sustainable economy. Read more »
Nigeria: FIRS Begins Direct Collection of Taxes From Online Gaming Operators
The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from online game transactions using the Sentinal National Payment Gateway and… Read more »