Economy
Nigerian Businesses Cutting Workforce, According to CBN Data
The Central Bank of Nigeria’s (CBN) latest Purchasing Managers’ Index (PMI) report for July 2024 reveals that the Composite Employment...
Read moreDetailsNNPC Cracks Down on Oil Theft, Seizes 63 Illegal Refineries in a Week
The Nigerian National Petroleum Company (NNPC) Limited has reported a significant crackdown on oil theft operations, resulting in the seizure...
Read moreDetailsNigeria’s External Reserves Drop 0.68% to $36.62 Billion
Nigeria’s external reserves fell by 0.68% to $36.62 billion as of August 12, 2024, from $36.87 billion recorded on August...
Read moreDetailsBank Directors Association Criticizes Proposed 70% Windfall Tax on FX Profits
The Bank Directors Association of Nigeria (BDAN) has condemned the proposed 70% windfall tax on profits from foreign exchange transactions...
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