Economy
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FX transactions outside official window to attract excise taxes soon
Foreign exchange transactions conducted outside Nigeria’s official FX window will soon incur excise tax penalties. This is one of the…
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Tinubu promises to address challenges in financial markets
President Bola Tinubu said Monday that his government is not blind to the challenges several Nigerians are facing in the…
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Tinubu vows to grow Nigeria’s GDP to $1 trillion in eight years
President Bola Ahmed Tinubu has announced plans to grow Nigeria’s economy from $450 million Gross Domestic Product to $1…
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Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters
From:L-R; Lagos Deputy Governor, Dr. Obafemi Hamzat; Vice President, Kashim Shettima; Ogun State Governor, Prince Dapo Abiodun; Executive Director Polaris…
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Consumers paid N268bn electricity bills in Q2 – FG
: The Federal Government, on Monday, said power consumers paid a total of N267.86bn as electricity bills in the second…
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Power transmission capacity now 8,500MW – FG
: The Federal Government has said Nigeria’s power transmission capacity increased to 8,500 megawatts. It disclosed this through the Transmission…
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Access Bank, Visa Partner To Facilitate B2B Cross-border Payments
Access Bank has partnered Visa to enhance efficiency of cross-border business-to-business payments for the bank’s corporate, commercial and Small and…
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Forex crisis: Naira plunges to 1,025/$, job losses, factory shutdown loom
: •Forex crisis hinders raw materials procurement, causes financial problem – NECA •SMEs decry impending shutdown, Reps probe airlines, schools…
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Palestinian conflict sparks fresh fears of fuel price hike
Several filling stations in parts of Abuja did not dispense Premium Motor Spirit, PMS, otherwise known as petrol, on Monday,…
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Banks still owing us N120bn debt says Telecom Operators
The Association of Licensed Telecommunication operators of Nigeria ( ALTON) the umbrella body of Telcos in Nigeria has said that…
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