Economy
SEC Director General Announces Over N3 Trillion in Collective Investment Schemes for 2024
Dr. Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), has revealed that Collective Investment Schemes (CIS) in Nigeria have...
CBN Promotes Digital Payments as Nigeria Sees N566.39 Trillion in Electronic Transactions
The Central Bank of Nigeria (CBN) has been actively promoting digital payment solutions, leading to a significant rise in electronic transactions. From January...
Tinubu’s Government to Distribute N75,000 to 70 Million Nigerians, Aims to Alleviate Poverty
In a significant move to address economic hardships, the federal government of Nigeria, under President Bola Tinubu, has announced plans to distribute N75,000...
Akwa Ibom State to Implement N80,000 Minimum Wage Starting January 2025
The Akwa Ibom State Government, under the leadership of Governor Pastor Umo Eno, has confirmed the rollout of a new N80,000 minimum wage...
Fidelity Bank Plc Plans to Boost Share Capital to N36.7 Billion
Fidelity Bank Plc has declared its intention to elevate its issued share capital from N26.7 billion to N36.7 billion. This decision was made...
Federal Government to Finalize Bank of Agriculture Recapitalization by Q1 2025
The Federal Government of Nigeria has announced that the recapitalization of the Bank of Agriculture (BOA) will be completed by the end of...
Nigeria Seeks Global Mining Partnerships to Boost Economy
In a bid to reinvigorate Nigeria's economy, the Federal Government has reaffirmed its commitment to forging strategic global mining partnerships. This initiative was...
Stakeholders Clash Over Nigerian Governors’ Forum (NGF) Adjustments to Tax Reform Bills
The Nigerian Governors Forum (NGF) has recently agreed to back President Bola Tinubu's tax reform bills, with a significant tweak in the Value...
Oyedele Predicts Passage of Tax Reform Bills in Q1 2025 with Implementation Starting July
Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has announced that the tax reform bills currently before...
Dangote Refinery Turns to International Markets for Crude Oil Amid Local Shortages
Dangote Petroleum Refinery, one of Africa's largest, has announced plans to import crude oil feedstock due to insufficient supply from the Nigerian National...
