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The World Bank has committed $12 billion to African countries to support vaccination programs, the South African Presidency said in a statement on its website on Saturday. According to Bloomberg, the World…
Nigeria generated a total of N2.94 trillion in income from value-added tax (VAT) and company income tax (CIT) last year, data released by the National Bureau of Statistics (NBS), have…
Insurers are being urged to pay up without delay after judges dismiss the industry’s arguments over the disputed claims. Small firms are cheering a Supreme Court ruling that appears set…
The inflation rate in Nigeria jumped in December to its highest level in more than three years, data released on Friday by the National Bureau of Statistics showed. Inflation stood…
Nigeria’s food inflation increased by 1.26 percent on a year-on-year basis from 18.30 percent in November 2020 to 19.56 percent in December. This is according to the December 2020 consumer…
Nigeria’s air transport is set to experience a revolution as a proposed low-cost carrier – Green Africa Airways – is set to commence operations. It has already reached the final…
The value of leading cryptocurrency Bitcoin tumbled 20 per cent Monday, wiping out some of the huge gains racked up in recent weeks as financial markets became more cautious. The…
The Nigerian Electricity Regulatory Commission, on Tuesday afternoon, said it has not increased electricity tariff by 50 per cent. The Commission, in a statement, said such increment was not contained…
The Federal Government wants more micro, small and medium enterprises to participate in its N75bn economic recovery and stimulus programme in order to grow their respective businesses. Minister of Industry,…
The naira appreciated by 4.1 percent at N394.30 on Monday in the import and export (I&E) window. Market analysts opined that the surge in demand pressure during trading forced authorities…
