Business News
-
137Nigeria’s Letter of Credit Payments dip by 63% in Q1
International payments data of the Central Bank of Nigeria (CBN) has revealed that Nigeria’s letter of credit payments has slumped by 63...
-
150‘FG Targeting Boost in Tax Collection Efficiency, Not to Increase Burden’
Vice President Kashim Shettima, yesterday, restated the commitment of President Bola Tinubu’s administration to revamp the nation’s tax system without overburdening Nigerians....
-
197Bureau of Statistics to Rebase Gross Domestic Product
Statistician-General of the Federation/Chief Executive, National Bureau of Statistics (NBS), Semiu Adeniran, yesterday said the statistical agency had commenced the process for...
-
202136% of 2023 FX Inflows Recorded in Three Months
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that the foreign exchange inflows recorded in the first quarter...
-
167Asian Stocks, US Futures Rise on Nvidia Earnings
US equity futures rallied and Asian stocks gained after upbeat earnings from Nvidia Corp. reinforced optimism over the global artificial-intelligence boom. The...
-
474Nigeria, Benin Republic Strengthen Ties to Boost Trade
Nigeria and the Benin Republic have strengthened commercial and trade relations to boost economic activities in both countries. Briefing journalists after the...
-
157Oil Prices Fall for Fourth Straight Day
Oil prices eased for a fourth straight session on Thursday after the minutes of a U.S. Federal Reserve meeting revealed discussions of...
-
205Petrol Price Increased by 176.02% in 12 months
The National Bureau of Statistics (NBS) yesterday said the prices of a litre of the Premium Motor Spirit (PMS), petrol, rose by 176.02 per...
-
184Debt Office Raises ₦4.9tr for Ways and Means Securisation
The Debt Management Office (DMO) said it has raised N4.9 trillion out of the N7.3 trillion approved for Ways and Means securitisation. Director...
-
173Oil Prices Fall on Fear of High US Interest Rates Depressing Demand
Oil prices fell in early Asia trade on Tuesday, with investors anticipating lingering U.S. inflation and higher interest rates to depress consumer...
