Nigeria’s External Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018. Figures obtained from the…
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Category: Business
IMF urges Nigeria to introduce higher MPR to sustain economic recovery
The International Monetary Fund (IMF) has come up suggestions on ways to sustain Nigeria’s economic recovery, warning that despite its recent exit from recession, the economy remained vulnerable to shocks.…
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US Secretary of State warns African countries to weigh Chinese loans carefully
Emeka Ejere || U.S. Secretary of State Rex Tillerson said on Thursday that African countries should be careful not to forfeit their sovereignty when they accept loans from China, the…
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Most Nigerians who pay tax are low income earners-Adeosun
Ebun Francis || Kemi Adeosun, Nigeria’s minister of finance, on Wednesday, said most Nigerians who pay their tax are low-income earners. While emphasising the importance of the Voluntary Asset and…
Read More Most Nigerians who pay tax are low income earners-Adeosun
Dangote loses N2b monthly to Apapa traffic jam
The Management of Dangote Group on Wednesday said its sugar and salt companies lose about N2 billion monthly to the perennial traffic gridlocks on Apapa Port roads every month. Mohammadu…
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