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Business - Page 712

Tinubu Hosts Chinese Envoy, Push for Deeper Strategic Partnership, Zero-Tariff Implementation

President Tinubu on Friday received the Chinese Ambassador to Nigeria, Yu Dunhai, at the State House in Abuja, as both countries moved to strengthen their Comprehensive Strategic Partnership and expand cooperation across key economic and security sectors. Ambassador Yu, who was accompanied

December 6, 2025

10 Nigerian States With Highest Food Inflation In June 2025

Business

Food Prices Continue To Soar As Inflation Dropped in November

The inflation rate in Nigeria, according to the National Bureau of Statistics (NBS), fell in November to 15.40 per cent (year-on-year), the lowest since December last year. The NBS, in its Consumer Price Index report on Wednesday, said the inflation rate fell

December 16, 2021

Business

Omicron: Why We Removed Nigeria From Travel Red List – UK

The British High Commissioner to Nigeria, Catriona Laing, has disclosed that the United Kingdom removed Nigeria from its travel red list based on “scientific and public health data”. Laing who disclosed this in a statement on Tuesday said Nigeria and 10 other

December 15, 2021

Business

Nigeria Secures $210m AfDB Loan To Boost Agricultural Sector

The African Development Bank’s Board of Directors has announced the approval of a $210m loan for Nigeria’s Special Agro-Industrial Processing Zones, which it said would boost the agricultural sector. The AfDB, in a statement on Tuesday, said: “A $210m loan approved by

December 15, 2021

DMO Raises ₦136bn In August Bonds As Investors Show Interest

Business

Nigeria’s Debt Rises By N2.54tn In Three Months – DMO

The Debt Management Office (DMO) on Tuesday, December 14, announced that Nigeria’s public debt was N38.005tn as of the end of the third quarter of 2021. DMO, in a statement titled, ‘total public debt for Q3 2021’, said the total debt figure

December 15, 2021

Business

FG Hints On Imposing New Taxes, Tariffs, Gives Reasons

The federal government has hinted on introducing new taxes, tariffs and levies as part of measures to shore up its revenue. The Minister of Finance, Budget and National Planning, Zainab Ahmed, at the public hearing on the 2021 Finance Bill organised by

December 14, 2021

Business

Finance Bill: Our Tax System Must Work For Every Nigerian – FIRS

The Federal Inland Revenue Service (FIRS) has disclosed that the 2021 finance bill will enable an efficient tax system that will work for every Nigerian. Muhammad Nami, executive chairman FIRS, made this known in a statement released by Johannes Wajuol, his special

December 14, 2021

Business

Presidency Says No TIN-For-Bank Account Requirement In Finance Bill

A source at the Presidency has disclosed that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide

December 13, 2021

Business

UK’s Transport Secretary Intervenes In Travel Ban

The controversial red list imposed on Nigeria and some other African countries by the United Kingdom might be scrapped again just weeks after it was introduced. Prime Business Africa previously reported that South Africa’s reported case of a new COVID-19 pandemic named

December 13, 2021

Business

FG Threatens To Put Canada, UK, Others On Travel Ban

The Minister of Aviation, Hadi Sirika, has disclosed that the UK, Canada, and Saudi Arabia would be put on Nigeria’s travel ban on Tuesday. Sirika, in an interview with the News Agency of Nigeria (NAN) in Lagos on Sunday, said the federal

December 13, 2021

Business

UK Vows Not To Reverse Travel Ban Over FG’s Threat

The British High Commission has said the United Kingdom will not reverse its travel ban on Nigeria because of a threat of retaliation by the Federal Government. The spokesman for the British High Commission, Dean Hurlock, disclosed this on Sunday in response

December 13, 2021

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SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Business - Page 712

Tinubu Hosts Chinese Envoy, Push for Deeper Strategic Partnership, Zero-Tariff Implementation

Food Prices Continue To Soar As Inflation Dropped in November

Omicron: Why We Removed Nigeria From Travel Red List – UK

Nigeria Secures $210m AfDB Loan To Boost Agricultural Sector

Nigeria’s Debt Rises By N2.54tn In Three Months – DMO

FG Hints On Imposing New Taxes, Tariffs, Gives Reasons

Finance Bill: Our Tax System Must Work For Every Nigerian – FIRS

Presidency Says No TIN-For-Bank Account Requirement In Finance Bill

UK’s Transport Secretary Intervenes In Travel Ban

FG Threatens To Put Canada, UK, Others On Travel Ban

UK Vows Not To Reverse Travel Ban Over FG’s Threat

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SEC Orders Full Registration of Tradable Instruments by January 2026

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

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