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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Dubai Moves To Attract Tourists, Suspends 30% Tax On Alcohol

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The government of Dubai has cancelled its 30 per cent alcohol tax in order to boost tourism in the emirate. Dubai will also suspend the...

FG To Restructure FIRS, Mulls New Name

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We’ll Strengthen SEC To Reposition Nigeria’s Capital Market, Says FG

The Minister of Finance, Budget and Economic Planning, Zainab Ahmed, has disclosed plans to restructure the Federal Inland Revenue Service (FIRS). The minister while appearing...

National Assembly Passes N21.83trn 2023 Appropriation Bill Into Law

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"Reverse Petrol Prices Now" - Reps Minority Calls

The National Assembly has passed the 2023 appropriation bill at N21.83 trillion. This shows an increase of N1.32 trillion from the N20.51 trillion budget proposal...

Africa IP SME Helpdesk: Promoting Economic Growth In Europe, Africa

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Africa IP SME Helpdesk: Promoting Economic Growth In Europe, Africa

The Africa IP SME Helpdesk is established to advance mutual cooperation between EU SMEs and African countries in matters of trade. The Helpdesk’s main...

Politicians More Affected By CBN’s Cash Withdrawal Limit, Says CAN President

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The President of the Christian Association of Nigeria, Most Reverend Daniel Okoh, has said the new cash withdrawal limit of the Central Bank of...

FAAC Shares N902billion To FG, States And LGs

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FAAC Shares N902billion To FG, States And LGs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N902.053 billion in November 2022 Federation Account Revenue to the Federal Government,...

Banks Reconfigure ATMs As New Naira Notes Circulation Commences Today

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Banks Reconfigure ATMs As New Naira Notes Circulation Commences Today

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter...

Government Agencies Agree To End Fuel Scarcity

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Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit...

No Going Back On Cashless Policy – CBN Governor, Emefiele

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Court Orders Unconditional Release Of Ex-CBN Gov Emefiele

Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN has ruled the possibility of reversing the ongoing implementation of the cashless policy. The House of...

Cash Withdrawal Limit: We’re Concerned About CBN Policy — Senate

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2023 Election: Senate President Cautions Against Vote-Trading

Senators have expressed reservations over the new policy of the Central Bank of Nigeria (CBN) on cash withdrawals. The apex bank, under the new withdrawal...

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