Latest News
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277Industry & MoneyNew VAT Rate to be Carried Out in Phases –Panel
The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, has said the proposed plan to increase the Value...
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138Business NewsFirms Enjoying Tax Waiver Rise to 104 –NIPC
The Federal Government, through the Nigerian Investment Promotion Commission, has granted fresh tax holidays to 12 companies in the first quarter of...
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155Banking & FinanceFed Govt Offers ₦1b Business Loan at 9% Interest Rate
The Federal Government is offering loan facilities up to N1 billion at a nine per cent interest rate to businesses, including manufacturers,...
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137Local NewsExternal Reserves Fall by $1.8b in 10 Weeks –Report
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria. As of...
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174Banking & FinanceCBN Lifts Embargo on Fintechs Onboarding New Customers
The Central Bank of Nigeria (CBN) has lifted the embargo placed on fintechs which prevented them from onboarding new customers. Announcing the development...
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69Foreign NewsOil Falls Further on Worries of Supply Rising Later in 2024
Oil prices eased in Asian trade on Tuesday, extending losses from the previous session when prices fell to their lowest in four...
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71Local NewsWe Dispensed Benefits to 20,531 Nigerians in 1yr –NSITF
The Nigeria Social Insurance Trust Fund (NSITF) says it has worked to dispense benefits to 20,531 Nigerians in the last one year. This...
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225Stock MarketNGX All-Share Index Halts Winning Streak
EQUITIES Trading in the domestic stock market began the week on a negative note as investors sold off FBNH (-4.7%), SEPLAT (-1.3%) and...
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197Money MarketWeekly Treasury Bills Update: Bullish Streak Continues
The Nigerian Treasury Bills (“NT-Bills”) secondary market closed the week on a positive note, as investors continued to demand for higher yield,...
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225Banking & FinanceNDIC Commences Liquidation of Heritage Bank
Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) today, June 3, 2024...
