Naira on Friday depreciated further against the dollar at the Investors and Exporters window, exchanging N472.50 to the dollar. The local currency showed a 0.64 per...
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has accused the Nigeria National Petroleum Company Limited (NNPCL) of withholding N8.480trillion. The commission said the NNPCL withheld...
The National Bureau of Statistics (NBS) has revealed Nigeria earned N109.6 trillion from non-oil taxes in 12 years. The federal agency gave the breakdown in its...
Britain’s financial regulator on Thursday tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers. The Financial Conduct Authority unveiled a...
The World Bank has warned that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in the country. Meanwhile, the bank has...
The House of Representatives has demanded forensic audit of all rehabilitation projects at Port Harcourt, Warri and Kaduna refineries. The demand followed the consideration of the...
The Federal Government recorded N930.8bn fiscal deficit in January and February 2023 according to the Central Bank of Nigeria. The CBN stated in its monthly economic...
The International Air Transport Association (IATA) has revealed that Nigeria tops the list of countries in which airlines’ funds blocked from repatriation account for 68% worldwide....
The Organisation of Petroleum Exporting Countries and its allies, popularly known as OPEC+ has slashed Nigeria’s oil output, excluding condensate by 20.7 per cent to 1.38...
The Central Bank of Nigeria, CBN, has dismissed reports that it devalued the Naira. Reports had earlier emerged that CBN devalued Naira from N631 to the...