As fuel queues subside across filling stations, the Federal Government says it will sanction marketers hoarding and diverting Premium Motor Spirit. The...
The Presidential Committee on Fiscal Policy and Tax Reforms has proposed reviewing states’ and local governments’ share of the Value Added Tax...
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
Oil prices fell in early Asian trade on Wednesday as industry data showed a pile up in both crude and fuel inventories...
EQUITIES The Nigerian equities market sustained its negative sentiments as investors sold off FBNH (-9.9%) and GTCO (-6.0%). As a result, the...
NERC yesterday announced an eight percent reduction on electricity tariff paid by customers in Band A from N225/kWh to N206.8/kWh. The Commission, in...
In a latest effort to crackdown on naira manipulators in the foreign exchange market, the Federal Government, through the Securities and Exchange Commission...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has announced the abolition of signature bonus payment to the Federal Government by...
Nigerian banks’ lending, in the month of March, to the private and public sectors dropped by N23.99 trillion, data from the Central...
The Central Bank of Nigeria (CBN) has directed 0.5 percent Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN yesterday,...
Economic and Market Report: Week Ended 02-05-2025
Stocks, Futures Climb as China Mulls Trade Talks
‘No Stamp Duty on Property Rent Below ₦10m Under New Tax Reforms’
AfDB Approves $650m Annual Commitment to Boost Economic Growth
Oil Gains as China Opens Door for Trade Talks with US
CBN Emphasises Financial Inclusion
RMAFC Backs Direct Federation Allocations to LG Chairmen
Electricity Subsidy Spending Balloons to ₦762b
Can the UK Become an AI Deployment Leader?
Telcos Order $1b Network Equipment from China –NCC