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Latest News in Nigeria - Page 57

Tax Reforms: Bridging The Gap Or Widening The Divide?

Tax Reforms: Bridging Or Widening The Divide?

Understanding the Tax Reforms President Bola Tinubu’s transmission of four tax reform bills to the National Assembly has sparked heated debates nationwide. These bills aim to simplify Nigeria’s complex tax structure while addressing inefficiencies in tax collection. However, confusion persists among ordinary

November 23, 2024

Business·FEATURES·News

Economic Challenges In Nigeria: Citizens Voice Concerns Amid Claims Of Recovery

The Growing Disconnect Between Economic Growth and Everyday Realities Nigeria’s economic challenges is at a crossroads. Despite a reported GDP growth of 3.19% in Q2 2024, the living experiences of many Nigerians tell a different story. With 104 million citizens below the

November 23, 2024

Food Prices Rises Continually As Two-thirds Go Hungry- Report

Business·News

Two-thirds Nigerians Go Hungry As Food Prices Rise Continually – NBS Report

Families Struggle as Food Prices Skyrocket Nearly two-thirds of Nigerian households struggle to access sufficient food, with many skipping meals or going hungry. This alarming reality was detailed in a report published by the National Bureau of Statistics (NBS), which revealed a

November 22, 2024

Nigeria's Inflation Drops To 24.48% In January

Business·FEATURES·News

Why Inflation Is Rising Rapidly In Nigeria

Inflation in Nigeria: An Alarming Trend Inflation in Nigeria has reached a staggering 33.88% in October, rising from 32.7% the previous month. This sharp increase, driven by factors like currency depreciation, escalating food prices, and fuel costs, has left Nigerians grappling with

November 22, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Equity Market Declines As Profit-Taking Halts Rally

Profit-Taking Pushes Equity Market Downward Nigeria’s equity market recorded its first dip this week on Thursday as investors moved to secure profits following three days of consecutive gains. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 0.18%, reducing the market

November 22, 2024

Tinubu's Tax: Presidency Orders Ministry of Justice To Collaborate With NASS On Tax Reform Bills

Business·News

Senate Approves Tinubu’s $2.2bn Loan Request

Loan to Address Budget Deficit Sparks Debate The Nigerian Senate has approved President Bola Tinubu’s request for a $2.2 billion loan, intended to partially fund the ₦9.7 trillion budget deficit for the 2024 fiscal year. This decision, made during Thursday’s plenary, has

November 21, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

U.S. Oil Imports Resume After Hiatus The Dangote Petroleum Refinery has resumed importing crude oil from the United States after a three-month break. A shipment carrying two million barrels of WTI Midland crude from Chevron Corporation is expected at the refinery in

November 21, 2024

Cybersecurity: Cyberthreats Escalate Across Africa As Nigeria Faces Over 4,718 Cyberattacks Weekly

Business·News·Technology·Top Stories

Cyberthreats Escalate Across Africa As Nigeria Faces Over 4,718 attacks Weekly

Nigeria Among Top Targets for Cyberthreats Cyberthreats are on the rise in Africa, with Nigeria facing an alarming 4,718 weekly cyberattacks, according to Check Point Software Technologies. The company’s 2024 African Perspectives on Cyber Security Report, released Thursday, highlights the growing vulnerability

November 21, 2024

Business·News·Top Stories

Food Security In Nigeria: A National Priority For Economic Stability

The Urgency of Food Security Nigeria, a nation with a growing population, faces an increasing challenge of food insecurity that threatens its social, economic, and national stability. In recent statements, Minister of Agriculture and Food Security, Abubakar Kyari, emphasised that food insecurity

November 21, 2024

Minimum Wage Crisis: Workers, Experts Weigh In On Nigeria's N70,000 Controversy

Business·FEATURES·News·Top Stories

Minimum Wage: Workers, Experts Weigh In On Nigeria’s N70,000 Controversy

The struggle to enforce Nigeria’s minimum wage has reached a critical point. The Nigeria Labour Congress (NLC) has set December 1 as a deadline for all states to comply with the N70,000 per month wage for public sector workers, or face a

November 21, 2024

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UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

The move follows UK market entry and launch of digital

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Latest News in Nigeria - Page 57

Tax Reforms: Bridging Or Widening The Divide?

Economic Challenges In Nigeria: Citizens Voice Concerns Amid Claims Of Recovery

Two-thirds Nigerians Go Hungry As Food Prices Rise Continually – NBS Report

Why Inflation Is Rising Rapidly In Nigeria

Nigeria’s Equity Market Declines As Profit-Taking Halts Rally

Senate Approves Tinubu’s $2.2bn Loan Request

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

Cyberthreats Escalate Across Africa As Nigeria Faces Over 4,718 attacks Weekly

Food Security In Nigeria: A National Priority For Economic Stability

Minimum Wage: Workers, Experts Weigh In On Nigeria’s N70,000 Controversy

Featured Stories

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Tanzania: Authorities Instil Climate of Fear, Step Up Repression Ahead of General Elections

‘Rare Earths ‘Arms Race’ Will Define 2026’

Nigeria’s World Cup Hopes Take Hit: Moffi and Ajayi Out of Gabon Playoff

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UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Cameroon Awaits Presidential Election Results as Tensions Mount

Tanzania: Authorities Instil Climate of Fear, Step Up Repression Ahead of General Elections

‘Rare Earths ‘Arms Race’ Will Define 2026’

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

‘Rare Earths ‘Arms Race’ Will Define 2026’

Gold Steady Above USD 4,250, Markets Await CPI, US-China Talks

Investors Shrug Off Banking Jitters, But More Volatility Lies Ahead – deVere CEO

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

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Latest News in Nigeria - Page 57

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