Our reporter/ The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange…
Read More CBN permits BDCs to buy $25,000 weekly to meet yuletide demands
Our reporter/ The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre.…
Read More PETROAN lauds Dangote refinery for slashing Petrol price
Capital Importation report from the National Bureau of Statistics (NBS) reveals that capital inflows into Nigeria declined by -52% quarter-on-quarter (QoQ) to approximately US$1.3bn in Q3 2024. However, on a…
Read More Nigeria’s Capital Inflows Drop by 52% QoQ to US$1.3bn in Q3 2024
The Lagos Chamber of Commerce and Industry on Thursday underscored the urgency of improving Nigeria’s tax-to-gross domestic product ratio to meet the ambitious N34.82 trillion revenue projection. The LCCI director-general,…
Read More Improved tax-to-GDP ratio needed to actualise budget ambitions – LCCI
The House of Representatives has recommended the delisting of the National Examinations Council, the University of Ibadan, and the Federal Ministry of Labour and Employment from the 2025 budget. Additionally,…
Read More Reps recommend delisting of NECO, UI, 21 MDAs from 2025 budget