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News - Page 335

Rep Raises Alarm Over Mismatched Gazetted Tax Reform Laws

A member of the House of Representatives, Hon. Abdulsammad Dasuki (PDP, Sokoto), has raised serious concerns that the tax reform laws gazetted for public use differ from the versions passed by the National Assembly, calling for urgent legislative scrutiny. Speaking during Wednesday’s

December 17, 2025

Business·News·Oil & Gas

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Nigeria’s crude oil output dropped by 33,000 barrels in September Nigeria’s crude oil production in September fell by 33,000 barrels to an average of 1.405 million barrels per day (bpd), according to the latest report from the Organisation of the Petroleum Exporting

October 15, 2024

Fuel Price Hike: Nigeria’s Economic Reforms At The Cost Of The Masses’ Daily Struggles

Business·FEATURES·News·Oil & Gas

Fuel Price Hike: Economic Reforms At The Masses Expense

The surge in fuel prices in Nigeria, following the removal of fuel subsidies by the Nigerian National Petroleum Corporation Limited (NNPCL), has stirred widespread concern. With fuel prices climbing from N885 to N998 in Lagos and N897 to above N1,000 in different

October 15, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

October 15, 2024

Business·News

Why It Could Take 10-15 Years to Transform Nigeria’s Economy- World Bank

World Bank Urges Nigeria to Implement Key Reforms for Economic Transformation The World Bank has advised Nigeria to adopt key reforms to ensure sustainable economic recovery, warning that it may take 10 to 15 years to transform the economy fully. At the

October 15, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Stock Market Sees 0.62% Increase As Investors Eye Q3 Earnings

The Nigerian stock market opened the week strong on Monday, recording a 0.62% rise, as investors turned their focus to the third-quarter (Q3) earnings season. Despite concerns about rising inflation, market participants traded actively, pushing major stocks higher. “We expect mixed sentiments

October 15, 2024

Chidoka Faults Nigeria's Quota System In School Admissions

Business·News·Oil & Gas

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

Former Minister of Aviation, Osita Chidoka, has observed that fuel prices in Nigeria may not be high when compared to global standard prices, but the problem is that the income of the average citizen is very low and can’t cover consumption on

October 15, 2024

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business·News

71% Of Nigerians Seek Interest Rate Reduction – CBN Survey

As worries about inflation and economic hardship mount, at least 71.4% of Nigerians are demanding that interest rates be lowered. The Central Bank of Nigeria (CBN) conducted the Inflation Expectations Survey (IES) in September 2024, gathering opinions of individuals and companies nationwide.

October 14, 2024

Business·News

Darkness As National Grid Collapses Again

Sixth National Grid Collapse in 2024 On Monday, October 14, 2024, Nigeria’s National Grid collapsed again, plunging the country into total darkness. This marks the sixth time the grid has failed this year, deepening concerns over the stability of the power sector.

October 14, 2024

News

Air Peace Celebrates Significant Milestone In 10 Years

As Air Peace clocks 10 this year, it is organizing a grand event on 25 October at Eko Hotel and Suites in Lagos to celebrate its milestone achievements in the aviation sector. Air Peace which started with seven aircraft in 2014 has

October 14, 2024

News

Three Economists Awarded 2024 Nobel Prize for Groundbreaking Research

Three distinguished economists—Daron Acemoglu and Simon Johnson of the Massachusetts Institute of Technology (MIT), United States of America and James Robinson of the University of Chicago—have been awarded the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for

October 14, 2024

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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

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

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News - Page 335

Rep Raises Alarm Over Mismatched Gazetted Tax Reform Laws

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Fuel Price Hike: Economic Reforms At The Masses Expense

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th October 2024

Why It Could Take 10-15 Years to Transform Nigeria’s Economy- World Bank

Stock Market Sees 0.62% Increase As Investors Eye Q3 Earnings

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

71% Of Nigerians Seek Interest Rate Reduction – CBN Survey

Darkness As National Grid Collapses Again

Air Peace Celebrates Significant Milestone In 10 Years

Three Economists Awarded 2024 Nobel Prize for Groundbreaking Research

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Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

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Patronage Over Diplomacy: Nigeria’s Ambassadorial Shuffle

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First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Rep Raises Alarm Over Mismatched Gazetted Tax Reform Laws

Dollar Trade Flat In Black Market, Appreciates In Official Window

BUA Cement Records N858.73bn Revenue In Nine Months, Profit Rises By 448%

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

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