Economy
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House of Reps urges Pres Tinubu to review outdated Oronsaye Report
Rhe House of Representatives on Thursday expressed concerns about the outdated nature of the 2012 Steve Oronsaye Report. They urged…
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Senator Tokunbo Abiru’s Bill On Amendment of Nigeria Deposit Insurance Corporation, NDIC Act Scales Second Reading
The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, *Senator Mukhail Adetokunbo Abiru, FCA (Lagos East)*, today on…
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Nigeria imposes annual levy on expatriate workers
Nigeria has imposed a mandatory annual levy for organisations employing expatriate workers, requiring them to pay $15,000 (£12,000) for a…
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Deep Freezer Ltd, Rice and Beans Ltd’ — abnormal names of CBN-approved BDC operators
Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less…
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Binance could seriously harm Nigeria’s economy if we don’t take action to stop it – Presidency
The Presidency has warned that Binance’s unchecked actions could harm Nigeria’s economy, criticizing their influence on exchange rates.Binance is one…
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Tinubu to Commission Red line train project on Thursday in Lagos
President Bola Ahmed Tinubu (GCFR), will on Thursday, 29th February, 2024 commission the Red Line train project The train is…
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Interest Rate Rise: Private Sector ,Economists Predict Potential Job Reductions , Economic Downturn
The economic analysts and members of the OPS have raised apprehensions regarding the potential effects of the increase on the…
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Nigeria’s economic challenges predate Tinubu’s Administration……Ambode
Former governor of Lagos State, Mr. Akinwunmi Ambode, has said that the current economic challenges in Nigeria did not originate…
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FG announces completion date for the $700m Obiafu/Obrikom/Oben gas pipeline
The Federal Governmenton Tuesday , announced the anticipated completion date for ,the $700m Obiafu/Obrikom/Oben gas pipeline also known as OB3,…
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House of Reps summons CBN over REMITA’s information leaks, revenue losses
The House of Representatives through the Committee on Public Accounts has summoned the Governor of the Central Bank of Nigeria…
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