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Business - Page 408

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Nigeria has rolled out a unified Tax Identification framework that links tax records directly to existing national identity systems, with the National Identification Number (NIN) now serving as the Tax ID for individuals and Corporate Affairs Commission (CAC) registration numbers forming the

December 23, 2025

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Finance & Economy

Unprecedented Naira Depreciation As Black Market Rate Hits N1000/$1 In Q3 2023

Nigeria’s currency, the Naira, experienced a significant depreciation during the third quarter of 2023, with the unofficial market rate plummeting to N1000/$1. This alarming drop, coupled with a decline in external reserves, is raising concerns about the nation’s economic stability. Official figures

October 4, 2023

Delta Airline Shifts Lagos To US Flight Schedule From Night To Afternoon

Business

Delta Airlines Shifts Lagos To US Flight Schedule From Night To Afternoon

Delta Airline has announced a noteworthy shift in its flight schedule. The airline is set to transition its flights departing from Lagos, Nigeria, to the United States from nighttime to early afternoon.

October 4, 2023

Business·News

Senate Warns Tinubu Against Unapproved Use Of CBN Funds For CNG Buses

The Nigerian Senate, in Tuesday’s plenary, stood firmly against any potential move by President Bola Tinubu to utilize the Central Bank of Nigeria’s Ways and Means to finance the purchase of Compressed Natural Gas (CNG) buses. These buses were envisioned as a

October 4, 2023

AMA News·Business

Bybit Announces Participation in ETHMilan, Elevating the Conversation on the Future of Web3

DUBAI, UNITED ARAB EMIRATES, 4 October 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is thrilled to announce its participation in ETHMilan, one of the largest Web3 conferences in the world. The dates are Oct. 5-6, 2023 and the event

October 4, 2023

NLC Blames Govt Officials For Forex Crisis, Demands Urgent Stabilisation Of Naira

Business·News

‘There Will Be No More Warnings Before The Next Strike’ – NLC Warns FG

The Nigeria Labour Congress (NLC) has issued a stern warning to the federal government, declaring that there will be no more warnings before the next strike, scheduled in just 30 days. The warning comes as a result of the government’s alleged failure

October 4, 2023

Business

Ooni, Chinese Firm Partner To Empower 50,000 Osun Residents

In a bid to improve economic growth and provide employment opportunities for over 50,000 residents of Osun State, Ooni of Ife, Oba Adeyeye Ogunwusi, has forged a strategic partnership with China Overseas Energy Development Technology Limited, a prominent Chinese firm. The Memorandum

October 4, 2023

Reps Launch Inquiry To Retrieve N10 Trillion For Pensioners

Business·Finance & Economy·News

Reps To Launch Inquiry To Retrieve N10 Trillion For Pensioners

The House of Representatives has unanimously voted to launch an inquiry into the status of pension funds and take action to retrieve the staggering N10 trillion that was lent to the Federal Government. This decision comes after a compelling motion presented by

October 4, 2023

Business·Finance & Economy·News

FG To Launch N50,000 Non-Interest Loans For N1.5 M Market Women

In a move to empower market women across Nigeria, Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, revealed on Tuesday that the Federal Government is gearing up to provide non-interest loans of N50,000 each to 1.5 million market women.

October 4, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Finance & Economy·News

Experts Urge Focus On Local Industries As Naira Fall Persists

In recent times, Nigeria has been grappling with the continuous devaluation of its currency, the Naira, against major foreign currencies. This persistent depreciation has raised concerns among economic experts and policymakers about the state of the Nigerian economy, its dependence on imports,

October 3, 2023

Africa·Business·News

Access Africa, Thunes Partner To Revolutionize Cross-Border Payments In Africa, Beyond

In a move set to reshape the landscape of cross-border payments in Africa and beyond, Access Africa, a leading financial institution, has announced its strategic partnership with Thunes, a global payment infrastructure platform that connects more than 130 countries into a single

October 3, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 408

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Unprecedented Naira Depreciation As Black Market Rate Hits N1000/$1 In Q3 2023

Delta Airlines Shifts Lagos To US Flight Schedule From Night To Afternoon

Senate Warns Tinubu Against Unapproved Use Of CBN Funds For CNG Buses

Bybit Announces Participation in ETHMilan, Elevating the Conversation on the Future of Web3

‘There Will Be No More Warnings Before The Next Strike’ – NLC Warns FG

Ooni, Chinese Firm Partner To Empower 50,000 Osun Residents

Reps To Launch Inquiry To Retrieve N10 Trillion For Pensioners

FG To Launch N50,000 Non-Interest Loans For N1.5 M Market Women

Experts Urge Focus On Local Industries As Naira Fall Persists

Access Africa, Thunes Partner To Revolutionize Cross-Border Payments In Africa, Beyond

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

South African Court Blocks $3 Billion Electricity Tariff Deal Over Lack of Public Input

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Business - Page 408

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