Shell’s Profits Plunge 56% to $5 Billion Amid Cooling Energy Prices.
Shell announced its second-quarter earnings on Thursday, revealing a 56% decline in profit to $5 billion. The drop in earnings...
CBN Orders Removal of Post-No-Debit Restrictions on 440 Individuals and Businesses.
The Central Bank of Nigeria (CBN) has issued a directive to banks to remove the post-no-debit restrictions on the bank...
Nigeria Anticipates Interest Rate Decision at CBN MPC Meeting with Focus on Shonubi
As economic uncertainty looms over Nigeria, all eyes are on the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi,...
FCCPC Cautions PoS Operators Over Unfair and Exploitative Fees in Nigeria
The Federal Competition & Consumer Protection Commission (FCCPC) in Nigeria has issued a call to the Association of Mobile Money...
India’s Rice Export Ban May Propel Decade-High Prices Soaring.
On Thursday, July 20, 2023, India enacted a ban on the exports of non-basmati white rice with immediate effect, as...
NNPC Addresses Misinformation and Clarifies Operations Amid Allegations.
In response to what they deem as "blatant misinformation" surrounding their activities, high-level sources in NNPC Ltd. have taken the...
Nigeria Predicts Historic $9.5 Billion Tax Collection in Second Half
Nigeria is set to achieve another record in tax collection as it forecasts raising 7.5 trillion naira ($9.5 billion) in...
FG Records $7 Billion of Taxes in First Half 2023
In a positive development for Africa's largest economy, Nigeria has achieved a record-breaking revenue collection in the first half of...
Dangote Cement Successfully Completes First Tranche of Share Buyback Program.
Dangote Cement, one of Nigeria's leading cement manufacturers, has successfully completed the first tranche of its share buyback program, as...
KPMG Advocates Alternatives to Money Supply in Response to Petrol Subsidy Removal.
Global audit, tax, and advisory services firm, KPMG, has called for the deployment of alternative measures to money supply in...
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
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31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
