Nigerians To Bear Pains Of High Petrol Cost – Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva has admonished Nigerians to be ready to bear the pains of increased petrol pump price as crude oil price climbs above…
Bitcoin Hits Record High After Tesla Investment
Bitcoin hit a record-high near $45,000 on Monday after Elon Musk’s electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $44,795.20 around 1325 GMT, before cooling slightly…
WTC: At last US backs Nigeria ex- minister as DG
The united States has finally endors Nigeria former minister of finance and national economic planning, Onkojo Iweala as the director general of world trade congress.
CBN Directs Banks To Close Accounts Of Cryptocurrency Traders
This is according to a circular released to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) on Friday. In January 2017, CBN Had said digital…
Nigeria’s Mobile Internet Subscription Drops By 563,837
Nigeria’s mobile internet subscribers decreased by 563,837 in December, with the total number of Internet users dropping to 153.87 million from 154.43 million in November 2020. Latest figures from the…
Covid-19:World Bank Pledges $12bn For Vaccinations In Africa
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,…
2020: Nigeria Makes N2.9tn From VAT, CIT
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…
COVID-19: Supreme Court Backs Small Firms Over Business Interruption Insurance Claims
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…
BREAKING: Nigeria’s Inflation Soars To 15.75%, Highest Since 2017
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…
Food Inflation Records Highest Since 2016
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…
