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

FG To Promote Digital Economy, Inclusive Development

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Minister of finance, budget and national planning, Zainab Ahmed has stated that the federal government would promote industrial digital economy, inclusive and economic development. This...

CBN Makes U-turn, Withdraws Circular On Cybersecurity Levy

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CBN Retains Interest Rate At 27.5%

The Central Bank of Nigeria, CBN has withdrawn the circular directing banks and other financial institutions to implement the 0.5 per cent cybersecurity levy. The...

President Tinubu Increases Minimum Wage To Cushion Effects Of Fuel Subsidy

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I Will Not Fail Nigerians – Tinubu

President Bola Tinubu has announced a N25,000 wage award to low grade workers in the civil service, as part of measures to cushion the...

BREAKING: CBN Reduces Monetary Policy Rate To 12.5%

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The Monetary Policy Committee (MPC) of Central Bank of Nigeria on Thursday reduced monetary policy rate (MPR), or the controlling lending rate to 12.5...

Nigeria’s Economic Problem Generational, Tinubu Working Hard To Tackle It — APC

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Tinubu Meets Okpebholo, Idahosa, Others In Aso Rock Over Edo APC Crisis

Felix Morka, the All Progressives Congress (APC) Publicity Secretary, has said that the economic problems the President Bola Tinubu-led administration is working to tackle...

Niger Now Exports Fuel To Nigeria

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The Niger Republic, a country that started commercial oil production in 2011, now exports petroleum products to Nigeria. For decades, Nigeria’s three major refineries have...

I Made Buhari Suspend His Plan To Make Nigerians Pay More On Calls, Data — Pantami

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Minister of Communications and Digital Economy, Isa Ali Pantami, has narrated his role in the suspension of the proposed five percent tax on calls...

We Are NOT Broke – NNPC

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The Nigerian National Petroleum Corporation, NNPC says the zero revenue projection for May pertains only to the federation revenue stream it manages and not...

CBN Releases N120m New Notes In Katsina As Shortage Bites Harder

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CBN Gov Explains Features Of The New Naira Notes

The Central Bank of Nigeria (CBN) said it has disbursed over N120 million of the redesigned naira notes to rural communities in Katsina state...

We Generated The Highest Revenue Of N6.4 Trn In 2021 — FIRS

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  The Federal Inland Revenue Service (FIRS) generated a record N6.4 trillion as revenue in 2021, the highest in its history. Last year's revenue collection exceeded...

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