The National Economic Council (NEC) comprising of the 36 state Governors and chaired by the Vice President has recommended the withdrawal of the Tax Reforms Bill currently before the National Assembly.
The Dangote Group management has addressed reports suggesting that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is facing challenges in lifting products from the refinery, clarifying that no payments have been made to…
The National Agency for Food and Drug Administration and Control (NAFDAC) issues alert on recall of Nivea BLACK & WHITE invisible roll-on deodorant due to harmful chemical content.
The Economic and Financial Crimes Commission (EFCC) has disclosed the recovery of N248 billion, $105.4 million, and other foreign currencies between October 18, 2023, and October 18, 2024.
The Nigerian presidency has responded to the Northern Governors' Forum's rejection of the new derivation-based model for Value-Added Tax (VAT) distribution in the tax reform bills currently before the National Assembly.
The House of Representatives has passed a bill seeking to increase the retirement age of health workers in the country from 60 years to 65 years through the second reading stage.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that approximately 7.68 million barrels of crude oil were either stolen or lost in 2023.
Microstrategy, A Bitcoin Development company has announced its plans to raise a staggering $42 billion to buy more Bitcoin in the space of Three years.
Nigeria’s printing industry loses over N200 billion annually to book printing conducted abroad, according to the Gutenberg Prints Association of Nigeria (GUPPAN).
Latest data from the Central Bank of Nigeria (CBN) reveals a significant year-on-year (YoY) increase in the amount of currency outside the banking system, highlighting a shift in public behaviour regarding cash retention.
The Federal Ministry of Communications, Innovation, and Digital Economy and Google have unveiled the 10 startups selected as the beneficiaries of the recently announced N100 million AI Fund.
Zenith Bank Plc has announced a pre-tax profit of N1 trillion for the nine-month period ending September 30, 2024, including N275.8 billion in pre-tax profit recorded for the third quarter.
The average cost of preparing a pot of jollof rice in Nigeria has risen to N21,579, consuming roughly 31% of the country’s minimum wage (N70,000) in September.
MTN Nigeria recorded a loss after tax of N514.9 billion for the first nine months of 2024, primarily attributed to naira depreciation, which increased foreign currency-denominated obligations.
The Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE) on Thursday announced fresh N2.8 billion support from Google to accelerate AI talent development across Nigeria.
Xiaomi is bringing you an unbeatable Black Friday shopping experience from 31st October to 30th November 2024! With exclusive offers and a chance to win a Xiaomi branded family pack worth 6,000,000 naira, this is the time to grab your…
'Hijack ‘93,' the latest feature film from Play Network Studios, has entered Netflix’s prestigious Top 10 with 3.2 million views within its debut week.
Fidelity Bank has released its financial results for the third quarter of 2024, reporting a pre-tax profit of N81.6 billion, marking a 135.5% increase from the N34.6 billion recorded in the same period last year.
PalmPay, Nigeria’s leading fintech platform, was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th.
The Akwa Ibom State Government has initiated the construction of an 18-storey Ibom Towers at Plot 868A, Bishop Aboyade Cole, Victoria Island, Lagos, as part of its commitment to economic diversification.
The Nigerian Government has taken several policy decisions in the last 18 months, mainly fuel subsidy removal and floating/unification of the exchange rate, with subsequent dire consequences on the purchasing power and well-being of the…
Canada's Immigration Minister, Marc Miller, is defending the government’s decision to cut annual immigration targets, a shift in policy that will lower the intake of both temporary and permanent residents starting in 2025.
The Nigerian Extractive Industries Transparency Initiative (NEITI) revealed that Nigeria’s solid minerals sector has made a direct financial contribution of N1.137 trillion to federal, state, and local governments over a 16-year period…