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Economy

Latest Economy News

COVID-19 Vaccination: World Bank Approves $400m Credit For Nigeria

The World Bank’s Board of Directors has approved a $400 million dollar

Nigeria@61: Capital market’s contribution to GDP still low – Operators

Ahead of the country’s 61st independence anniversary Oct.1, experts insist that the

China ready to help Nigeria reduce poverty – Envoy

Mr Cui Jianchn, Ambassador of the People’s Republic of China to Nigeria,

COVID-19: World Bank okays Nigeria’s $750m economic programme

The World Bank has declared as “effective” Nigeria’s 750-million-dollars COVID-19 Action Recovery

Experts caution CBN ahead of Oct.1 eNaira launch

Some financial experts have urged the Central Bank of Nigeria (CBN) to

RMAFC to begin public hearing on revenue sharing formula Oct. 3 – Chairman

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it will begin

What Nigeria requires to address infrastructure deficit – Emefiele

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) on

Economy: Replace non-performing officials – CSO begs Buhari

New Era for Sustainable Leadership and Accountability Initiative (NESLAI) has urged President

CBN set to roll out e-naira

The Director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed,

Collection of VAT by FIRS remains – FG

The Federal Government says the Federal Inland Revenue Service (FIRS) will continue

Nigerians React as Emefiele threatens AbokiFX founder

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on

FIRS says CSOs need to register for tax, obtain TIN

The Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS),

Inflation drops by 0.37% for second consecutive month – NBS

The National Bureau of Statistics (NBS) says the rate of inflation slowed

FG’s proposed digital currency will encourage national progression – Fintech expert

A Financial Technology (Fintech) expert, Dr. Yele Okeremi on Tuesday, lauded the

Experts Differ On CBN’s Forex Policy As BDC Operators Groan

One month after the Central Bank of Nigeria (CBN) announced the discontinuation

CBN denies non remittance of 80% operational surpluses

The Central Bank of Nigeria (CBN) has denied the allegation that it

SON To Establish Regional Office In Kano – DG

The Standards Organization of Nigeria (SON) says it will soon establish a

Reps Warn Govt Agencies Against Budget “Recycling”

The House of Representatives on Thursday in Abuja warned government agencies against

Tribunal Didn’t Compel Us To Pay N900bn To FIRS As Backlog – Multichoice

MultiChoice Nigeria on Wednesday said that MultiChoice Nigeria did not compel it

Tax Evasion: Tribunal Orders DSTV To Pay FG N900bn Tax Backlog

A Tax Appeal Tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria

Osinbajo inaugurates ultra-modern Anambra shoe cluster

Vice President Yemi Osinbajo on Tuesday inaugurated an ultra-modern industrial shoe-making hub

Nigerian Youths Have Become “Jobless, Frustrated And Hopeless” – Jerry Gana

Jerry Gana, a former minister of information on Saturday said that majority

FG, states, LGs share N760.7bn for July

The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation

Prices Of Cooking Gas, Kerosene Increased In July – NBS

The average price for refilling a 5kg cylinder for Liquefied Petroleum Gas,

No going back on privatisation of public enterprises in Benue – Ortom

Governor of Benue State, Samuel Ortom says that his administration would not

Despite conservative projection, Nigeria’s revenue generation still underperforming – FG

The Federal Government has said that Nigeria's borrowings continue to rise because

NEITI: Signing PIB into law historic

The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as a historic

Nigeria’s unclaimed dividends increase to N170bn – SEC DG

The Securities and Exchange Commission (SEC) on Friday said the total unclaimed

Masari: Solid mineral deposits exploration will create jobs, end insecurity

Governor Aminu Masari of Katsina State has advocated the exploration of solid

Osinbajo: AfDB to support tech-based MSMEs with $500m

Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support