Like China & Japan: NASENI Is Pathway To Nigeria’s Industrial Economy
Nigeria cannot have real development without sustainable industrial growth and manufacturing capacity which is the solution to poverty, unemployment and insecurity
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Nigeria: Top 10 Performing Sectors By VAT Contribution In Q1 2024
Value Added Tax (VAT) collection in Nigeria has continued to record significant improvement over the years.
Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days
Nigeria Customs Exchange rate for calculating duties has increased by 2.04 per cent in four days. From N1,447.97/$1 on Monday, 10 June, it increased to N1477.65 as of Friday 14 June 2024.
Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means
The Nigerian government has disclosed that it has reduced the N7.3 trillion Ways and Means it inherited with the payment of the sum of N4.8 trillion. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated this in Abuja,
NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising
National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has observed that the current Monetary policies adopted by the Central Bank of Nigeria (CBN) are not effective in addressing the prevailing economic challenges,
Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD
Group Managing Director of United Bank for Africa PLC, Mr Oliver Alawuba, has underscored the critical role of banks’ recapitalisation in strengthening Nigeria’s economy. Prime Business Africa recalls that the Central Bank of Nigeria (CBN) had in March ending, directed all banks
Re-thinking Nigeria: Beyond Myths, Illusions And Selt-deceit
Nigeria is a mess right now. A huge mess. Even the blind can see it. And the deaf can hear the cry of anguish of Nigeria’s children. Can the country be rescued? Possibly. But the myths, years of delusions of grandeur and
Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise
Nigeria’s headline inflation rate increased to 33.69 percent in April 2024, recording a 27-year high. This upward spiral which is for the 18th straight month, reflects a 0.49 per cent increase when compared to March 2024
CBN Governor And Waste Of Economic Terms
Recently during a Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) in March 2024, the CBN governor, Olayemi Cardoso, said that government’s large-scale purchase of foodstuff as palliatives is contributing to the country’s rising food inflation
Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions
At the World Economic Forum in Riyadh, Saudi Arabia, Sunday, Nigeria’s President, Bola Tinubu, argued that subsidy removal saved Nigeria from bankruptcy. Continued payment of subsidy by government would have impoverished the country, according to Tinubu
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Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures
The Lagos State Government has rolled out the second phase
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With federal agencies returning to operation after weeks of paralysis,
Nigeria’s Stock Market Suffers Sharpest Slide in 15 Years as Trump Threat, CGT Fears Trigger Massive Sell‑off
Nigeria’s equity market plunged in mid November as a toxic
NGX Sheds ₦1.8 Trillion as Capital Gains Tax Anxiety, Geopolitical Tensions Spike
Nigerian equities have recorded one of their sharpest declines this
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