President Bola Tinubu has pushed back against the National Economic Council’s (NEC) recommendation to withdraw controversial…
Category: Business
Malawi Introduces Fuel Rationing Amid Shortages
On Friday, crowds lined up at petrol stations across Malawi following the introduction of fuel rationing…
FIRS Opens Recruitment Portal for Tax Officers Across Eight States
The Federal Inland Revenue Service (FIRS) announced that its recruitment portal for tax officers will officially…
Dangote Refinery Refutes Claims of Loading Difficulties by IPMAN
The Dangote Petroleum Refinery has refuted claims made by the Independent Petroleum Marketers Association of Nigeria…
Federal Government Provides ₦25,000 Cash Transfer to 25 Million Nigerians Amid Economic Reforms
The Federal Government has reported that 25 million Nigerians have received a ₦25,000 conditional cash transfer…
FG, EU, and Germany Sign £17.9 Million Agreement to Boost Nigeria’s Off-Grid Electricity
The Nigerian government has signed a £17.9 million partnership agreement with the European Union and the…
Currency Outside Nigerian Banks Surges 66% in One Year
The amount of currency held outside Nigeria’s banking system surged by 66.2% in September 2024, reaching…
FG Gives Nine-Month Ultimatum to Deposit Dollars Outside Banking System, Assures No Penalties
The Federal Government has announced a nine-month grace period for Nigerians holding U.S. dollars outside the…
Finance Minister Wale Edun Announces New Nine-Month Dollar Cash Deposit Programme to Stabilize Nigeria’s Economy
In a bid to stabilize Nigeria’s economy and address soaring commodity costs linked to foreign exchange…
Northern Governors Reject Derivation-Based VAT Model in Proposed Tax Reforms
The Northern Governors’ Forum, representing 19 Northern states, has voiced strong opposition to a new derivation-based…