Business News
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13733.9m Nigerians Lack Financial Access –CBN
The Central Bank of Nigeria (CBN) has recorded progress in financial inclusion rate with 52 percent of adult Nigerians having formal bank accounts. However,...
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131Britain Targets the Wealthy as it Hikes Taxes by £40b
The United Kingdom is raising taxes by an eye-watering £40 billion ($52 billion), as the government seeks to plug a hole in...
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106FG to Transform Wholesale Markets
Federal Ministry of Agriculture and Food Security has unveiled a strategy to reshape wholesale markets and bolster food distribution network. This Strategic...
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98Oil Hovers at One-month Low with Supply Drivers Back in Focus
Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between...
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158Funding: SEC Vows to Support SMEs
The Securities and Exchange Commission (SEC) has expressed its readiness to support Small and Medium Enterprises (SMEs), to offer shares to investors...
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133Blackout in North: Tinubu Directs Speedy Restoration of Power, Summons Minister, NSA
President Bola Tinubu has expressed concern over the recent blackout in the northern region of Nigeria. Tinubu announced efforts to end the...
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137IFC’s $1b Boost for Nigeria’s Key Sectors
The International Finance Corporation (IFC) plans to provide more than $1 billion in the coming years to scale up financing of critical...
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95Asian Shares Fluctuate With US Elections in Focus
Asian equities traded in a tight range as investors prepared for the US election and key economic data that will set the...
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104Proposed Tax Regulation Exempts Oil and Gas Exports, Agriculture, Military Hardware, Others from VAT
A proposed new tax legislation seeks to provide Value Added Tax (VAT) exemptions to oil and gas exports, crude petroleum oil and...
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51FG Spends ₦29b to Repair Damaged Power Towers –Report
The Federal Government, through the Transmission Company of Nigeria, has spent a total sum of N29.3bn as costs to repair 266 electricity...
