Economy

FG removes 5% excise tax on calls, data

The Federal Government has announced the withdrawal of its proposed 5 per cent excise duty on telecommunication services. The Minister…

3 years ago

Nigeria’s inflation rate accelerates to 21.91% in February

Nigeria’s consumer price index (CPI), which measures inflation or the rate of change in prices of goods and services, increased…

3 years ago

CBN bows to pressure, says old N500, N1,000 notes still legal lender

The Central Bank of Nigeria, which has been critised for failing to obey a Supreme Court ruling on its naira…

3 years ago

FG probes bunkering in Tony Elumelu’s Heirs $1.1bn oil well

An illegal oil bunkering facility connected to Oil Mining Licence 17 has been uncovered and those behind the oil theft…

3 years ago

Osinbajo unveils $600m funding for tech, creative sectors

Vice President Yemi Osinbajo, SAN, on Tuesday unveiled a $600m programme for young Nigerians in the technology and creative sectors.…

3 years ago

Foreign airlines’ trapped funds in Nigeria hit $743.7 million

The International Air Transport Association (IATA) has said that the amount of foreign airlines funds trapped in Nigeria currently stands…

3 years ago

Customers groan as banks exhaust old, new naira notes

Following the hike in pump price of Aviation fuel (Jet A1), Nigerians may experience flight delay across the country due…

3 years ago

Why FG Axed Seplat’s CEO, Brown

The revocation of Visa, Work and Residence Permit of Seplat CEO is one bold move by the Nigerian government that…

3 years ago

Bourse extends uptrend by 0.04%

It was yet another bullish session on the floor of the Nigerian stock market on Thursday as uptrend extended marginally…

3 years ago

Naira scarcity: Alimosho PRP House of Rep candidate calls for calm

The People’s Redemption Party (PRP) candidate for the Federal House of Representatives, Alimosho Federal Constituency, Hon. Boniface Okparaku has called…

3 years ago

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