Economy
Nigeria records $2.60bn in capital importation for Q2 – NBS
Busayo Samuel Nigeria’s capital importation reached $2.60bn in the second quarter of 2024, representing a robust increase of 152.81 percent…
FG mulls TICC initiative to expand tax base, increase revenue
Business a.m. The Nigerian government has recently announced the implementation of a new initiative, the Tax Identification Consolidation and Collaboration…
Inflationary pressure drives Nigeria’s unemployment rate to 5.3% in Q1’24
Business a.m. The ongoing economic crisis in Nigeria has led to a rise in the country's unemployment rate, which increased…
CBN raises interest rate to 27.25% in 50 basis points move
Business a.m. The Central Bank of Nigeria (CBN) has raised its key interest rate, the Monetary Policy Rate (MPR), by…
Analysts gauge MPC’s next move as Nigeria’s monetary policy on knife edge
ONOME AMUGE The Central Bank of Nigeria’s Monetary Policy Committee (MPC) will open its fifth meeting of the year today…
Private sector employers risk imprisonment for non-compliance with N70,000 minimum wage,FG warns
Business a.m. The federal government has issued a strong warning to private employers, stating that failure to comply with the…
