Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a statement following the…
Read More Nigeria seeking up to $2.25bn in World Bank loans
Category: Business
FCCPC seals, probes Abuja Chinese supermarket where Nigerians are barred from shopping
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the owners of a Chinese supermarket, Royal Choice, in Abuja for allegedly refusing to sell to Nigerians. Royal Choice, located…
Read More FCCPC seals, probes Abuja Chinese supermarket where Nigerians are barred from shopping
We are working to stabilise FX rate but there’ll be ups and downs – Cardoso
Our reporter/ The Central Bank of Nigeria Governor, Yemi Cardoso, has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will be continuous…
Read More We are working to stabilise FX rate but there’ll be ups and downs – Cardoso
Why airlines are avoiding Nigeria’s airspace – NAMA
Many airlines are avoiding Nigeria’s airspace because of difficulties encountered in communication with air traffic controllers, the Nigerian Airspace Management Agency confirmed on Sunday in Lagos. The NEMA Managing Director,…
Read More Why airlines are avoiding Nigeria’s airspace – NAMA 10% tax-to-GDP ratio shows Nigerians don’t pay taxes, says Finance minister
Our reporter/ The minister of finance minister and coordinating minister of the economy, Wale Edun has said that Nigeria’s tax-to-gross domestic product (GDP) ratio is low because citizens are not…
Read More 10% tax-to-GDP ratio shows Nigerians don’t pay taxes, says Finance minister