Economy
Central Bank Unveils BVN Initiative for Nigerians Abroad
The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has unveiled the Non-Resident Bank...
Read moreDetailsMeta Heads to High-Stakes Antitrust Trial Over Instagram and WhatsApp Acquisitions
Meta, the parent company of Facebook, Instagram, and WhatsApp, is now facing one of the most significant antitrust trials in...
Read moreDetailsNaira Weakens to ₦1,629/$ Despite CBN’s $688.8m Intervention
The naira yesterday weakened to ₦1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM), despite a $688.8 million intervention...
Read moreDetailsCBN Intervenes with $197.71 Million as US Tariffs Impact Oil Prices
Crude oil prices dropped significantly, falling by more than 12% to around $65.50 per barrel, following the imposition of sweeping...
Read moreDetailsItaly to Strengthen Economic Ties with Kaduna State Through Investment Partnerships
The Government of Italy has reaffirmed its commitment to strengthening economic ties with Kaduna State by supporting its investment drive...
Read moreDetailsSenate Launches Investigation into Sharp Rise in Data Costs, Calls for Policy Reforms
The Nigerian Senate has initiated an investigation into the recent sharp increase in data costs, which has surged by over...
Read moreDetailsPETROAN: Dangote Continues to Sell Fuel in Naira
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), confirmed that Dangote Refinery has not yet transitioned to selling...
Read moreDetailsNaira Strengthens to N1,575/$ in Parallel Market
The naira appreciated to N1,575 per dollar in the parallel market on Wednesday, strengthening from N1,585 per dollar recorded on...
Read moreDetailsMutual Funds Surge as Investors Capitalize on High Interest Rates, Assets Hit N4.6 Trillion
Investment in Mutual Funds in Nigeria has witnessed an extraordinary surge, with Net Asset Value (NAV) rising by 190.3% Year-on-Year...
Read moreDetailsCITN Advocates AI Integration to Strengthen Nigeria’s Tax System
The Chartered Institute of Taxation of Nigeria (CITN) is championing the adoption of artificial intelligence (AI) in tax administration in...
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