A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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CBN crashes dollar with $29 million intervention in FX market
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Naira gains N37, experts warn dollar hoarders of big losses
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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New exchange rate: CBN crashes dollar as naira appreciates to N1,506 in official window
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Meet Wale Edun, ex-banker who will supervise CBN, financial institutions as Tinubu breaks 20-year tradition
The appointment of Wale Edun as Minister of Finance by President Bola Tinubu is sharp departure from tradition where former finance ministers were mostly women.
Atiku Fumes as NNPC secures $3 billion loan to sabilise naira as Nigeria's debt Hits 49.8 trillion
The newly acquired $3 billion NNPC crude oil swap loan from Afreximbank has increased Nigeria's total debt profile to N52.2 trillion from N49.8 trillion by DMO.
Black market operators in pains as dollar crashes to N880 amid CBN's threats to clamp down on speculators
The naira bounced back against the US dollar after it gained N55 at the black market following CBN's threat to flood the market with foreign exchange in days.
“Zimbabwe 101 Per Cent”: African countries with highest inflation in 2023, Nigeria makes list
Some countries in Africa are battling high inflation in 2023 led by Zimbabwe with 101 per cent inflation rate and followed by Sierra Leon with 44.81 per cent.
After laying off 900 workers, Jumia loses 1 million customers in 3 months
Financial report for the second quarter of 2023 has shown that Jumia's active client base fell by one million due to a deteriorating macroeconomic environment.
"Final stop": Lagos taskforce moves against auto dealers selling cars on roads, walk ways, lay-bys
The Lagos State Taskforce has finalised preparations to apprehend and prosecute unauthorised auto mart dealers operating in non-designated areas in the state.
Kogi, Lagos, Bayelsa top list of states not to buy Food from as inflation hits 24.8 per cent
About three Nigerian states, Kogi, Lagos and Bayelsa, are among the states across the country with the highest food inflation in a recently released NBS report.
Naira gains at the parallel market after CBN’s threats to sanction FX speculators
The naira gas gained about N8 at the black market after threats by the Central Bank of Nigeria to clamp down on parallel market operators causing market crisis.
“Demand is overwhelming”: CBN to intervene, pump more dollars into market
A source has revealed that Central Bank of Nigeria is planning to stop the naira's relentless decline against the dollar by flooding the market with dollars.
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