All posts tagged "Featured"
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267Industry & MoneyCrude Production Cost Rises to $40/Barrel –Report
Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission...
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137Economy & MarketMPC Pushes for Mild Hikes, Liquidity Management Ahead of Meeting
Ahead of the upcoming Monetary Policy Committee (MPC) meeting scheduled for February 17-18, 2025, its members are advocating for mild interest rate...
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146Business NewsSingle-window for Trade Will Boost Ports Revenue –FIRS
The Executive Chairman and Chief Executive Officer of the Federal Inland Revenue Service, Zacch Adedeji, has stated that the deployment of the...
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123Leadership & ManagementTinubu Increases 2025 Budget from ₦49.7tr to ₦54.2tr
President Bola Tinubu yesterday increased the appropriation bill for the 2025 fiscal year from N49.7 trillion to N54.2 trillion. Tinubu announced the...
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116Economy & MarketBusiness Confidence Rises as PMI Hits 52.0 in January 2025
Nigerian businesses are maintaining strong confidence in the economy, despite a slight moderation in growth, as the Stanbic IBTC Bank Nigeria Purchasing...
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127Banking & FinanceFEC Okays ₦758b Bond to Offset Pension Backlog
The Federal Executive Council (FEC) has approved the issuance of a N758 billion bond to offset outstanding pension liabilities for all categories...
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80Banking & FinanceActive Bank Accounts Up 122.3m to 331.6m in One Year
Nigeria’s banking sector saw a remarkable expansion in 2024, with active accounts surging to 331.6 million by December, reflecting an increase of...
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385Telecoms & ITNigeria to Raise Broadband Investments by 500% –Minister
The Federal Government aims to increase broadband investments by 300 to 500 per cent under a new initiative designed to accelerate internet...
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107Banking & FinanceFIRS Begins Withholding Tax System
The Federal Inland Revenue Service (FIRS) has announced the commencement of the implementation of the withholding tax system. This is aimed at streamlining tax...
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197Industry & MoneyOil Firms Must Supply Local Refineries Or Lose Export Permits –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has directed exploration and production companies to strictly adhere to the Crude Oil Supply Obligations for...
