Spread the love Nigeria’s banking sector has reported a concerning increase in bad loans following the Central Bank of Nigeria’s[...]
Category: Business and Economy
10 States to Borrow ₦4.3tn to Finance 2026 Budgets as Debt Concerns Grow10 States to Borrow ₦4.3tn to Finance 2026 Budgets as Debt Concerns Grow
0 Comments 08:38Spread the love No fewer than ten Nigerian states are planning to raise about ₦4.287 trillion through loans, bonds, grants,[...]
New Tax Laws Will Commence on January 1 – TinubuNew Tax Laws Will Commence on January 1 – Tinubu
0 Comments 17:35Spread the love The Presidency has confirmed that new tax laws, including those enacted on June 26, 2025, will take[...]
FG Writes Off $1.42bn, N5.57tn NNPC DebtFG Writes Off $1.42bn, N5.57tn NNPC Debt
0 Comments 07:11Spread the loveIn a significant move to address lingering financial disputes, President Bola Tinubu has approved the cancellation of extensive[...]
Dangote Sets New Petrol Price at N739 per LitreDangote Sets New Petrol Price at N739 per Litre
0 Comments 06:24Spread the love MRS and other partners of the Dangote Petroleum Refinery are preparing to sell petrol at N739 per[...]
CBN Sets One-Month Deadline for Dual PoS ConnectivityCBN Sets One-Month Deadline for Dual PoS Connectivity
0 Comments 09:36Spread the love The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers, and payment service providers to[...]
Dollar to Naira Exchange Rate Today, November 13, 2025Dollar to Naira Exchange Rate Today, November 13, 2025
0 Comments 17:24Spread the love On November 13, 2025, the Nigerian Foreign Exchange Market (NFEM) observed a stable exchange rate of approximately[...]
FG Suspends 15% Import Duty on Petrol and DieselFG Suspends 15% Import Duty on Petrol and Diesel
0 Comments 15:50Spread the love The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the suspension of the planned 15%[...]
Tinubu Introduces 15% Import Duty on Petrol and DieselTinubu Introduces 15% Import Duty on Petrol and Diesel
0 Comments 09:53Spread the love President Bola Tinubu has introduced a 15% ad-valorem import duty on petrol and diesel imports to Nigeria,[...]
Naira Depreciation Not Necessarily Bad — IMFNaira Depreciation Not Necessarily Bad — IMF
0 Comments 08:56Spread the love The International Monetary Fund (IMF) has stated that the recent depreciation of the Naira is not inherently[...]