Business & Finance
Nigeria’s Proposed Tax Reforms to Benefit Low-Income Earners and Boost Digital Economy
The Presidential Fiscal Policy and Tax Reforms Committee has suggested changes to make taxes fairer for people with lower and...
Nigeria’s Fiscal Deficit Hits 7.6% of GDP, Exceeds Projections
Nigeria's budget deficit is bigger than expected, reaching 7.6% of the country's total economic output (GDP) by August 2024. This...
Nigerian Banks’ Investment Securities Surge 145% Amid Attractive Yields
Nigerian banks experienced a significant 145% increase in their investment securities during the first nine months of 2024, driven by...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, November 11 2024
As of today, November 11 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Nigerian Naira Faces Uncertainty as Donald Trump Returns to U.S. Presidency
The Nigerian naira is facing a challenging time as the U.S. dollar becomes stronger, due to anticipation of Donald Trump...
Nigeria’s Domestic Debt Increases by N198.96 Billion in Three Months, According to DMO Report
The domestic debt of Nigeria’s 36 states and the Federal Capital Territory (FCT) went up by N198.96 billion over three...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, November 10 2024
As of today, November 10 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Elon Musk’s Net Worth Soars to $314 Billion
Elon Musk's net worth has skyrocketed to $314 billion, making him the richest person in the world, after Tesla's value...
Okonjo-Iweala’s WTO Re-election Bid Faces US Hurdle
Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), will seek a second term in her office. The WTO...
FG Moves to Streamline Tax Collection, NUPRC, Customs Affected
The Nigerian government has proposed new tax reform bills that are currently being discussed in the National Assembly. These bills...
NUPENG Threatens Nationwide Strike Amidst Naval Invasion of Oil Platform
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has vowed to embark on a nationwide strike following the...
Trump’s Presidential Victory Sparks Bitcoin Rally
The 2024 US Presidential Election had a big result, with Donald Trump winning the presidency. This development greatly affected the...
TCN Blames “Repair Works” for National Grid Collapse
Nigeria’s Transmission Company (TCN) has another explanation for Thursday’s grid collapse, this time pinning the blame on “ongoing repair works.”...
DisCos Hike Meter Prices Again
Nigerians can brace themselves for yet another price hike, as the nation’s Electricity Distribution Companies (DisCos) have decided to push...
Mutual Funds Assets Surge By 81.5% To N3.5 Trillion, Driven By FX Appetite
In the first nine months of 2024, Nigeria's mutual funds industry saw a significant increase of 81.5% compared to the...
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