Latest News in Nigeria – Page 77 of 91

Imo, Zamfara, Abia Record Lowest VAT In August

List Of 63 Items Exempted From VAT In New Fiscal Reforms

The Federal Government of Nigeria has recently announced a significant update to its fiscal policy by exempting 63 items from Value-Added Tax (VAT). This move is part of the government’s broader strategy

Emmanuel Ochayi

October 5, 2024

Russian Government Denies Involvement In Nigeria's Hunger Protest Allegations, Blames US, UK Of Meddling In Nigeria’s Internal Affairs

News·Politics·World News

Russia Denies Involvement In Nigeria’s Hunger Protest Allegations, Blames US, UK

The Russian government has firmly denied any involvement in the recent Hunger Protest that erupted in Nigeria. Accusations have surfaced linking Russia to the protests, with claims that the use of Russian

Emmanuel Ochayi

October 5, 2024

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

Business·Markets·News

Equity Market Declines By 0.95% As Investors Lose N539bn In Nigeria

Nigeria’s equity market saw a sharp decline of 0.95% during the holiday-shortened trading week ending on Friday, October 4. The dip led to an estimated N539 billion loss for investors, driven largely

Emmanuel Ochayi

October 5, 2024

Business·News·Oil & Gas

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Naira-for-Crude supply yet to commence The much-anticipated Naira-for-Crude deal between the Nigerian National Petroleum Company Limited (NNPC) and the Dangote Petroleum Refinery, expected to start on October 1, 2024, has been delayed.

Emmanuel Ochayi

October 4, 2024

How Nigeria's FX Reserves Dropped By $1.3bn– Report

Business·Markets·News

Dollar’s Share of Global FX Reserves Falls By 1.46% As Nations Seek Diversification

The dollar’s dominance in global foreign exchange (FX) reserves took a slight dip in the second quarter of 2024, with its share dropping by 1.46 per cent compared to the previous quarter.

Emmanuel Ochayi

October 4, 2024

Federal Government Delays NYSC Allowance Increase, Corps Members Paid ₦33,000 Instead Of ₦77,000

Business·News

Despite N77,000 Approval, FG Pays N33,000 Allowance, Corps Members React

Corps Members Disappointed as FG Pays Old ₦33,000 Allowance The Federal Government has surprised many by paying the National Youth Service Corps (NYSC) members their old monthly allowance of N33,000 for September,

Emmanuel Ochayi

October 4, 2024

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

Business·Markets·News

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

Nigerian Equity Market Drops by 1.19% On October 3, 2024, the Nigerian equity market witnessed a significant decline, with the All-Share Index (ASI) dropping by 1.19%, shedding 1,167.97 points to close at

Emmanuel Ochayi

October 4, 2024

Business·News

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

NBS Reports Drop in Cost of Healthy Diet for August 2024 The National Bureau of Statistics (NBS) has revealed that the average daily cost of a healthy diet per adult in Nigeria

Emmanuel Ochayi

October 4, 2024

Business·FEATURES·News

Growing Concern As Nigerian States Trapped In Debt Despite Rising Revenues

Nigerian states are trapped in a cycle of rising debt despite the increased revenue allocations from the Federation Account. With the removal of the petrol subsidy, many expected an economic boost. However,

Emmanuel Ochayi

October 3, 2024

Business·Markets·News

Nigeria’s Equity Market Drops 0.33% As Investors Lose N188bn In First October Trade

Nigeria’s Equity Market Starts October with Decline Nigeria’s equity market opened the month of October 2024 with a significant loss, as the Nigerian Exchange Limited (NGX) recorded a 0.33% decline. Investors saw

Emmanuel Ochayi

October 3, 2024

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Latest News in Nigeria - Page 77

List Of 63 Items Exempted From VAT In New Fiscal Reforms

Russia Denies Involvement In Nigeria’s Hunger Protest Allegations, Blames US, UK

Equity Market Declines By 0.95% As Investors Lose N539bn In Nigeria

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Dollar’s Share of Global FX Reserves Falls By 1.46% As Nations Seek Diversification

Despite N77,000 Approval, FG Pays N33,000 Allowance, Corps Members React

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

Growing Concern As Nigerian States Trapped In Debt Despite Rising Revenues

Nigeria’s Equity Market Drops 0.33% As Investors Lose N188bn In First October Trade

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