Business News
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102BoI Extends Application for RAPID Fund for MSMEs
The Bank of Industry (BOI) has announced the extension of the application for the Rural Area Program for Investment and Development (RAPID) for...
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106GDP Growth Slows in Q1
Based on the recently released GDP report by the National Bureau of Statistics (NBS), Nigeria’s economy maintained its positive growth trajectory in...
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47Oil Prices Steady as Markets Turn Focus to OPEC+ Meeting
Oil prices steadied in Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to...
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100‘Credit Scheme to Address Loan Sharks’ Excesses’
The Federal Competition and Consumer Protection Commission (FCCPC) has said President Bola Tinubu’s credit scheme will help to close the gap and...
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41Nigeria’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...
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48‘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....
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39
Bureau 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...
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72136% 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...
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67Asian 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...
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119Nigeria, 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...
