The Central Bank of Nigeria (CBN) has announced sweeping changes in the country’s cash management regulations,…
Category: Business/Economy
FIRS clarifies planned 4% levy on imported goods
The Federal Inland Revenue Service (FIRS) has explained that Nigeria’s newly enacted tax laws are designed…
EFCC arraigns 2 businessmen over alleged N1.55bn forex scam
The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned two businessmen – Dr. Fagite Babafemi…
NERC confirms availability of 700,000 smart meters for distribution nationwide
The Nigerian Electricity Regulatory Commission (NERC) has said that between 600,000- 700,000 electricity meters are currently…
Lagos most indebted State, as Nigeria’s debt burden hits N152.39tr in Q2 2025
Nigeria’s public debt rose to N152.39 trillion (99.65 billion dollars) in the second quarter of 2025,…
Pharmacists urge FG to invest in local production of drugs to tackle HIV/ AIDS
The Association of Community Pharmacists of Nigeria (ACPN) has advised the Federal government to invest in…
Alleged $2bn debt: Again, police seal Nestoil HQ in Lagos
The corporate headquarters of Nestoil Limited on Victoria Island, Lagos, has been taken over by a…
Nigeria’s economy grows 3.98% in Q3 2025, driven by agriculture, ICT
Nigeria’s Gross Domestic Product (GDP) grew by 3.98 percent (year-on-year) in real terms in Q3 2025,…
Reps seek forensic audit of NMDPRA over alleged misappropriation of fund
The House of Representatives, on Monday, raised concern over the alleged misapplication and mismanagement of the…
CPPE slams NASS over proposed increase in excise tax on non-alcoholic beverages
The Centre for the Promotion of Private Enterprise (CPPE) has described the proposal by the Senate Committee…