Economy

According to reports received by Ratecaptian, the Central Bank of Nigeria (CBN) has given commercial banks and forex market dealers...

Nigeria’s Currency Float: Implications for the Economy and Future Growth

Nigeria has recently taken a momentous step by officially floating its naira currency after years of adhering to a hard...

FG to Generate N124.26bn Annually from 0.5% Import Tax, Finance Bill 2023 Reveals

The Nigerian Federal Government is projected to generate approximately N124.26bn per year through the implementation of a 0.5% import tax...

Nigeria’s Crypto Future: President Tinubu’s Promises and Potential Pitfalls.

Tinubu Urges Nigerians to Remain Steadfast Amid Subsidy Removal Decision

President Asiwaju Bola has urged Nigerians to remain resolute in the face of his decision to remove fuel subsidy during...

Nigeria’s Central Bank Transitions Leadership: Introducing Acting Governor Adebisi Shonubi

The recent suspension of Godwin Emefiele as the central bank governor of Nigeria has led to a significant change in...

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

President Tinubu's recent suspension of the Governor of the Central Bank of Nigeria (CBN), as reported earlier, has sparked concerns...

DSS Debunks CBN Governor Arrest Claims.

Following the sudden suspension of Central Bank of Nigeria (CBN) Governor Godwin Emefiele by President Bola Tinubu on Friday, unconfirmed...

President Tinubu Suspends CBN Governor, Godwin Emefiele

President Bola Tinubu has taken the decision to suspend Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria...

Nigeria Earned N25.64 Trillion from Oil Taxes in 12 Years.

In a recent report titled "Tax-To-GDP Ratio," the National Bureau of Statistics (NBS) has unveiled staggering figures indicating that Nigeria...

Shocking Revelation: Nigeria’s Tax-to-GDP Ratio Soars, Unveiling Hidden Revenue.