Nigeria plans to raise N5.2 billion from taxes next year, Federal Inland Revenue Service (FIRS) Executive Chairman Babatunde Fowler, said yesterday. He also said the agency has a target of
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The naira tumbled against the United States dollar to 428 on Wednesday, down from 424 on Tuesday, as persistent dollar shortage continues to weigh on the economy. The major decline
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the current 14 per cent. The
The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically to boost the economy
The Central Bank of Nigeria (CBN) Governor Godwin Emefiele has come a piece of good news on the recession-hit economy.
The Acting Director-General, Bureau of Public Enterprises, Dr. Vincent Akpotaire, has called on the management of the Ibadan Electricity Distribution
Moves to steer the country out of economic recession has received a boost with the decision of the Federal Government
The Central Bank of Nigeria (CBN) is planning to raise N183.24 worth of Treasury bills (T-bills) to settle short-term obligations.
Unity Bank Plc yesterday reduced its over 2,000 workforce by sacking 215 members of staff, it was reliably learnt. The
Hundreds of passengers of Nigeria’s biggest airline, Arik Air, were left stranded at airports across the country and beyond on
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