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Banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay taxes on their transactions turnover, it was learnt yesterday. The lenders are writing to […]
United States (U.S.) crude oil imports from Nigeria in July plunged to its lowest level in three years and are continuing to slip, as Asian and European buyers increase purchases, […]
Nigerian inflation declined for the 18th consecutive time 11.23 per cent in June to 11.14 per cent in July, 1.28 per cent points below Federal Government’s projection. The Federal Government […]
MTN Nigeria yesterday, signed a seven-year N200 billion medium term loan facility with a consortium of 12 banks. The loan agreement, which was formally signed in Lagos, will enable MTN […]
Women who want to start their own businesses have the potential to boost the Nigerian economy by N19.7 billion, Facebook said on Tuesday in its research. The study, conducted by […]
THE Federal Government Sunday night said that it has launched a new initiative under the Government Enterprise and Empowerment Programme (GEEP), called the TraderMoni, which will empower two million petty […]
Our attention has been drawn to publications with headline suggesting that the Obaseki government is hindered by huge inherited debts. We want to unequivocally state that this report is completely […]
China’s commerce ministry has announced that it will start imposing 25% import duties targeting $16bn (£12.4bn) worth of US goods. The Chinese counter-move will take effect immediately after the US […]
Singapore Government invites Jumia CEO to speak on Digital Economy & Consumerism in Africa The government of Singapore, through Enterprise Singapore has invited the chief executive officer of Jumia Nigeria, […]
The World Bank on Friday expressed its willingness to provide technical support to Nigeria in critical areas to facilitate the country’s economic growth and development. The bank’s Vice President for […]
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