Economy

Importers Groan As Import Duty Jerks Up to 43 Percent

The Central Bank of Nigeria, CBN, has approved an increase in the import duty rate by 43 percent. Recall that…

8 months ago

FG Increases Exchange Rate For Cargo Clearance To N1,356/$

The exchange rate for cargo clearance has been increased by the Federal Government through the Central Bank of Nigeria, moving…

8 months ago

Nigerians Groan As Bag Of Cement Price Hits N6,200

Nigeria is one of the largest producers of cement on the continent, but the price of cement continues to rise,…

8 months ago

Senate Summons CBN Governor Over Naira Free Fall

The Senate has summoned the Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso over the free fall…

8 months ago

Debt: Why Nigeria May Never Go Bankrupt

On December 20, 2023, the Debt Management Office said Nigeria’s public debt profile has increased to N87.91 trillion at the…

8 months ago

FG Debunks Report Of Recruiting Area Boys To Collect Taxes

The Federal Government has debunked news making the rounds that it would recruit area boys to enforce the payment and…

8 months ago

Tinubu: Promise Failed As Economy Continues To Nose-Dive, Naira Loses 74.5% Value In 7 Months

Nigerians are currently battling a harsh economy under the administration of President Bola Tinubu with no sign of things changing…

8 months ago

December Revenue: FAAC Disburses N1.13trn To FG, States, LGs

The Federation Account Allocation Committee (FAAC), has disbursed a total sum of N1.13 trillion of earnings in December 2023 to…

9 months ago

YABATECH To Incorporate AI, Robotics Into Curriculum

The Yaba College of Technology (YABATECH), has announced plan to Incorporate and integrate Artificial Intelligence (AI) and robotics into its…

9 months ago

Reps Order Ministries To Return N85bn COVID-19 Funds

The Federal Ministry of Industry, Trade and Investments has been directed by the House of Representatives Public Accounts Committee to…

9 months ago

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