Latest News
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210Local NewsNigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Smuggling Concerns
The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres...
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47Industry & MoneyCompany Income Tax Soars to ₦2.47tr in 3 Months
Company Income Tax (CIT) for the second quarter of 2024 increased to N2.47tr, a report by the National Bureau of Statistics has...
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107Stock MarketStock Market Starts the Week Negative
EQUITIES The domestic equities market ended the day lower as investors took profits off JBERGER, resulting in a 0.2% decline in the...
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199Money MarketStock Futures Signal Modest Rebound in US, Europe
European and US equity markets were poised for a modest recovery Monday, after a selloff triggered by cooling US jobs data that...
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132Banking & FinanceGovt Imposes Electronic Levy on Opay, Moniepoint Users, Others
Customers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Money Transfer Levy...
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111Banking & FinanceCBN Boosts Forex Liquidity, Sells Dollars to BDCs at ₦1,580
Central Bank of Nigeria (CBN) has increased liquidity in the foreign exchange market by selling US dollars to Bureau De Change (BDC)...
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151Local NewsSenate Postpones Public Hearing for NNPC, Dangote, Others
The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was...
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249Industry & Money‘$1bn Kogi Steel Project will Revamp Sector’
The Minister of Solid Minerals, Oladele Alake, has hailed the $1bn (N1.6tn) new iron ore to the steel project planned for Kogi...
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149Business NewsFG, Chinese Firms Sign Power, Water Supply MoU
The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the...
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230Industry & MoneyVAT Rate Remains 7.5%, Says FG
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has refuted reports suggesting an increase in the Value-Added Tax...
