FG Allocates N132bn to Support Farmers in 2025
The Federal Government has allocated N132 billion to help farmers in 2025 through the National Agricultural Development Fund (NADF). This...
MTN Nigeria Proposes 100% Tariff Increase Amid Economic Challenges
MTN Nigeria has officially submitted a proposal to the Nigerian Communications Commission (NCC) for an increase of 100% service tariffs...
Detty December 2024: How Nigerians Partied Through Inflation, a Weak Naira, and Chaos
Detty December has grown into something much bigger than just a holiday celebration. What began as a simple way to...
Nigeria’s Money Supply Surges by 51% YoY to N108.96 Trillion Amid Rising Debt – CBN
The Central Bank of Nigeria (CBN) has reported that Nigeria's total money supply, known as Broad Money Supply (M2), grew...
New Withholding Tax Policy Takes Effect
Implementation of Withholding Tax Regulations prepared for 2024 has been initiated by the Government of the Federation of Nigeria marking...
Global Oil Prices Edge Higher to $74.80/Barrel on First Trading Day of 2025
There was a slight increase in the international price of oil yesterday, the first day of trading in 2025, as...
Naira Defies CBN’s Forex Reforms, Tumbles 41% in 2024
In 2024, the Nigerian naira lost a lot of its value, even though the Central Bank of Nigeria (CBN) tried...
Asia’s Factories End 2024 on Weak Note Amid Trump-Era Trade Risks
Asia's manufacturing industry ended 2024 with weaker results. Worries about trade conflicts and China's struggling economy have raised doubts about...
Can Nigeria Craft a Tax System That Balances Fairness with Growth in 2025?
Taxation in Nigeria seems to exist in two different realities: one where the wealthy and city dwellers pay taxes reluctantly,...
CBN, SEC Approve FCMB Group’s N147 Billion Rights Offer
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given their approval for FCMB Group’s...
World Bank Approves $1.5 Billion Loan to Nigeria Following Fuel Subsidy Removal and Tax Reforms
The World Bank has given Nigeria a $1.5 billion loan as part of the RESET Development Policy Financing program, which...
Nigeria Secures $1.2 Billion Livestock Investment from Saudi Arabia
The Nigerian Government has announced that SALIC International Investment Company from Saudi Arabia has bought a 35.43% share in Olam...
Local Councils to Receive Direct Allocations from FAAC Starting January 2025
Starting in January 2025, local governments in Nigeria will get their direct allocations from the Federation Account. This change comes...
Telecom Operators Warn of Imminent Service Disruptions Amid Rising Costs
Telecom companies in Nigeria have expressed worries over escalating operational costs. They warned that there will likely be service interruptions...
Nigerian Stock Market Gains 0.99% as Insurance Stocks Shine
The Nigerian stock market finished the week on December 27, 2024, on a positive note, with the All-Share Index (ASI)...
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