Nigeria’s Borrowing For Unproductive Reasons — Peter Obi
The former presidential candidate for the Labour Party, Peter Obi has described the Nigerian government borrowings as unproductive. Obi stated this in a statement via...
New approach to taxation pushes A’Ibom IGR to all-time high of N24.8billion in 2019
Abasifreke Effiong Akwa Ibom state has moved from 16th position on the Internally Generated Revenue (IGR) rating table in 2015 to number six (6)...
Naira Appreciates To N1,396/$ In Parallel Market
THE Naira yesterday appreciated to N1,396 per dollar in the parallel market from N1,400 per dollar last Thursday. However, the naira depreciated to N1,389 per...
CBN Increases Interest Rate To 16.5%
The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...
Naira Appreciated To N1,535/$ In Parallel Market
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05...
Abia To Establish Business School As Ikpeazu Advocates Sustenance Of Igbo Apprenticeship System
Governor of Abia State, Dr Okezie Ikpeazu has announced that Aba Business School will soon be established to groom younger Igbo entrepreneurs. The Governor stated...
BREAKING: Nigeria Now Tops South Africa As The Continent’s Biggest Economy
As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to the question of...
FG Unveils New Tax Incentives To Boost Manufacturing, Ease Multiple Levies On Nigerian Industries
The Federal Government, through the Presidential Committee on Fiscal Policy and Tax Reforms, has outlined a series of new tax incentives designed to strengthen...
BREAKING: Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO
The Debt Management Office on Wednesday released Nigeria’s total public debt stock as of June 30, 2020, and put the country’s entire debt at...
CBN Orders Banks To Publish Names, BVN Of Forex Defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the rules on Forex acquisition...
