Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
CBN Governor Unveils DocFlow System and MDA Naira Payment Solutions
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has introduced two groundbreaking initiatives—the Document Flow (DocFlow) System...
Read moreDetailsFestive Season Drives Nigeria’s Inflation to 34.8%
Nigeria’s inflation rate surged to 34.8% in December 2024, fueled by heightened demand during the festive period, according to the...
Read moreDetailsNigerian Airlines Struggle with Inflated Insurance Costs Due to Misconceptions
Nigerian airlines are facing inflated insurance premiums, paying 10-20% more than their foreign counterparts due to perceptions of heightened risks...
Read moreDetailsFG Unveils Two New Savings Bonds with Competitive Interest Rates
The Federal Government, through the Debt Management Office (DMO), has announced the launch of two new Savings Bonds, offering secure...
Read moreDetailsNCC to Name 18 Defaulting Banks Over N200bn USSD Debt, Threatens Service Suspension
The Nigerian Communications Commission (NCC) is set to publish the names of 18 banks that have failed to clear outstanding...
Read moreDetailsCBN Reports 41% Surge in Forex Inflows, Decline in Outflows
The Central Bank of Nigeria (CBN), in its latest Economic Report, revealed significant changes in foreign exchange (forex) flows within...
Read moreDetailsProposed VAT Reform to Cut Manufacturing Costs by 3.3% –Oyedele
The proposed Value Added Tax (VAT) reform is set to reduce manufacturing costs by approximately 3.3%, according to Taiwo Oyedele,...
Read moreDetailsCBN, SEC Approve FCMB Group’s N147bn Rights Offer
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have granted approval for FCMB Group's N147bn...
Read moreDetailsAjaokuta Steel Plant: A Tale of Stagnation and Renewed Revival Efforts
The Ajaokuta Steel Company Limited (ASCL), once envisioned as the foundation of Nigeria’s industrial future, remains a stark symbol of...
Read moreDetailsNigeria Partners with Bloomberg to Rebrand Image, Attract Foreign Investment
The Federal Government of Nigeria has announced plans to partner with global media giant Bloomberg in a two-year initiative aimed...
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