Company Income Tax payments by local firms increased by 249.2 percent in the second quarter of 2024. This is according to the latest company income tax...
Nigeria’s first foreign-currency domestic bond has secured $900m in subscriptions, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. Edun revealed...
The Central Bank of Nigeria (CBN) has granted Woodhall Capital, an investment and financial services firm, a finance house licence. Woodhall Capital which announced this in...
State oil company, the Nigerian National Petroleum Company (NNPC) Limited, has signed a deal with its Joint Venture, partner, Chevron Nigeria Ltd, for the conversion of...
Disbursements from the Federation Account Allocations Committee (FAAC) to the federal, states and local governments increased by 149.4 percent year-on-year to N13.72 trillion in the first...
The Federal Government has dismissed reports suggesting an increase in the Value-Added Tax (VAT) rate from 7.5 per cent to 10 per cent. The Minister of...
A key highlight of the recently concluded 2024 Forum on China-Africa Cooperation (FOCAC) for Nigeria was the signing of a $3.3 billion agreement to develop...
Last week, the controversy over the adoption of genetically modified organisms, GMOs, came to a head, as two government agencies openly disagreed on the usefulness, or...
Hope of improved remittances shoring up the naira in the days ahead may have been dashed, with latest figures showing that increased demands for foreign exchange...
