FIRS and MATAN Collaborate to Simplify VAT Collection in Nigeria’s Informal Sector
The Federal Inland Revenue Service (FIRS) is joining forces with the Market Traders Association of Nigeria (MATAN) to introduce a...
Foreign Investors Shy Away as Liquidity Challenges Affect Nigerian Equities Market in H1 2023.
The Nigerian equities market has been grappling with liquidity challenges in the foreign exchange (FX) market, resulting in a significant...
Rising Borrowing Costs and Declining Growth in Nigerian Banking Industry.
The Central Bank of Nigeria (CBN) has reported a continued increase in borrowing costs and a decline in growth within...
Electricity Tariffs Skyrocket to N10,000 for 100 Units- Expert
The anticipated 40 percent increase in electricity tariffs in Nigeria has raised concerns among consumers. Mr. Abiodun Ogunleye, CEO of...
CPPE Urges Tinubu’s Administration to Mitigate Impact of Reforms.
The Centre for the Promotion of Private Enterprise (CPPE) has called on President Bola Tinubu's administration to swiftly implement measures...
Nigerian Banks Pay N1.39 Billion to Auditing Firms in Q1 2023
Seven commercial banks listed on the Nigerian Exchange Group have collectively paid a total of N1.39 billion to auditing firms...
Federal Government to Generate N12bn Annually from new vehicle tax.
The Federal Government is expected to generate approximately N12 billion per year from the newly introduced Proof of Ownership Certificate...
UK Manufacturing Sector Continues to Contract in Q2 Despite Eased Price.
The UK manufacturing sector remained in contraction territory at the end of the second quarter, as output, new orders, and...
Nigeria Introduces New Guidelines for Contactless Payments, Sets Transaction Limits.
In a move to adapt to the growing trend of contactless payments, Nigeria's financial regulator has announced new guidelines for...
President Tinubu Defends Unified Foreign Exchange Rate for the Nation’s Benefit.
In a passionate defense of his administration's decision to introduce a unified foreign exchange rate, President Bola Tinubu stated that...
Popular Story
FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
CBN Raises N1.19 Trillion at July 15 Treasury Bills Auction
Russian Inflation at Five-Year Peak Boosts Chances for Rate Hike
