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Category: Economy

Business Economy

USPF hands over Emerging Tech Centre to Ogun State Institute of Technology

Iheanyi Ejiofor February 20, 2025 No Comments

The Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC) has handed over a new Information and Communication Technology (ICT) project to Ogun State Institute of Technology (OGITECH),…

Read More USPF hands over Emerging Tech Centre to Ogun State Institute of Technology
Business Economy

CBN retains monetary policy parameters during first MPC meeting in 2025

Iheanyi Ejiofor February 20, 2025 No Comments

The MPC also voted to retain the cash reserve ratio (CRR) at 50 per cent for deposit money banks and 16 per cent for merchant banks. The Monetary Policy Committee…

Read More CBN retains monetary policy parameters during first MPC meeting in 2025
Business Economy headline

Tax Evasion: FG sues Binance for $81bn over economic losses

Iheanyi Ejiofor February 20, 2025 No Comments #Tax Evasion #Binance

The Federal Government is seeking $81 billon as compensation from cryptocurrency company, Binance Holdings Limited over alleged economic losses linked to its operations in Nigeria. The Federal Government claimed that…

Read More Tax Evasion: FG sues Binance for $81bn over economic losses
Business Economy

National Assembly corrects errors made in N54.9 trillion 2025 budget

Iheanyi Ejiofor February 19, 2025 No Comments #National Assembly #2025 budget

-Following the adjustments, the capital allocation was put at N23.439 trillion, while the recurrent expenditure increased to N13.588 trillion. The National Assembly on Tuesday made corrections on some sectoral allocation…

Read More National Assembly corrects errors made in N54.9 trillion 2025 budget
Business Economy headline

Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world

Iheanyi Ejiofor February 19, 2025 No Comments #Dangote

Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the…

Read More Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world

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