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The Naira yesterday appreciated to N1,385 per dollar in the parallel market from N1,395 per dollar on Monday. The post Naira rises to N1,385/$ in parallel market appeared first on Vanguard News.
A new ILO report highlights the adverse effects of the Middle East labor crisis on informal migrant workers. Rising energy costs and supply chain issues threaten global jobs and incomes.
Nigeria's local content policy has significantly increased the number of oil firms from fewer than 10 to 117. Local participation in the oil sector has also risen dramatically from 5% to 61%.
Nigeria's federal government fell short of its Q1 tax revenue target by N2.24 trillion, generating N7.44 trillion instead of the anticipated N9.68 trillion. This shortfall occurs amidst ongoing tax reforms aimed at improving revenue collection.
Nigeria's federal government fell short of its Q1 tax revenue target by N2.24 trillion, generating N7.44 trillion instead of the expected N9.68 trillion. This shortfall comes amid ongoing tax reforms aimed at improving revenue collection.
VivaJets calls on African leaders to implement practical measures for African integration, stressing its vital role in unlocking the continent’s economy.
By Michael Nwadike Citing improved foreign exchange liquidity, stronger fiscal revenues, and rising external reserves, global ratings agency S&P Global Ratings recently upgraded Nigeria’s long-term foreign and local currency credit ratings to ‘B’ from ‘B-’. It ackn...
Ebere Nwoji The Commissioner for Insurance, Mr Ayo Olusegun Omosehin, has said that the success of insurance in any economy is fundamentally anchored on the level of public understanding, trust,
An analysis of Nigeria’s public debt crisis. Explore the difficult economic choices between increasing taxation and taking on more loans to fund developmen
Aliko Dangote is increasingly dominating Nigeria's stock market amid rising inflation pressures across Africa. Additionally, Kenya is experiencing weakened remittances, highlighting the economic challenges facing the continent.
The launch event witnessed remarkable market enthusiasm, with trade partners from across the country in attendance. The post Olam Agri raises the bar with Mama’s Pride cholesterol-free, nutrient-rich Soya Oil appeared first on Premium Times Nigeria.
Abimbola Ilebani is recognized for transforming ALLY Microinsurance’s income trajectory, generating premium income equivalent to more than 387% of the read more ALLY Microinsurance MD Honoured at CIIN Abuja Insurance Week for Driving a 387%+ Revenue Surge
A UK trade minister expressed optimism about Britain potentially rejoining the EU due to economic challenges stemming from Brexit. This statement reflects a changing political landscape in the UK.
…Growers warn adulterated palm oil now national emergency Nigeria’s reliance on palm oil importaton is under intense scrutiny as agricultural read more Nigeria’s $550m palm oil import bill sparks calls for industry support
Those who speak glibly about deficits, debt and fiscal expansion often reveal not economic sophistication, but economic illiteracy disguised as read more Deficits, debt and economic literacy: A response to Nigeria’s fiscal critics
Leadway Assurance, Nigeria’s leading insurance services provider and a member of the Leadway Group, has once again demonstrated its position read more Leadway Assurance revenue rises to N225bn reinforcing industry leadership
A strike in Kenya over rising fuel prices has concluded following a mass shutdown. Analysts suggest that escalating oil prices may lead to further protests across Africa.
A growing number of African countries now levy taxes on mobile money transactions. The IMF, the World Bank, and the read more Why taxing mobile money in Africa costs more than it yields
A medical source said casualties were taken to Ghubaysh hospital following the attack. The post Drone Attack On Sudan Market Kills 28 appeared first on Channels Television.
…opens market opportunities for Nigerian palm oil exporters Russia has expressed interest in expanding palm oil imports from Nigeria as read more Russia eyes Nigerian palm oil imports amid growing market demand
Nigeria’s economic reform programme appears to be gaining international validation as global ratings agency S&P Global Ratings upgraded the country’s read more CBN’s tough reforms begin paying off as S&P upgrades Nigeria
Nigeria's N40 trillion revenue target for 2026 is jeopardized by substantial tax leakages and poor compliance. The Nigeria Revenue Service (NRS) has raised concerns about these issues.
For three years, Nigeria’s reform programme has rested on a difficult political bargain: households absorb short-term pain today in exchange read more Can Nigeria’s reforms survive as prices rise again?
A fintech startup built to simplify global payments across continents has shut down operations after four years, exposing not only read more Built for global payments, forgotten by the market: Inside Chimoney’s collapse
Jetties and tank farm owners are opposing DAPPMAN's proposed lawsuit against Dangote, urging the government to halt fuel imports. They believe this will protect the national economy and promote industrial growth.
The Debt Management Office (DMO) successfully raised ₦614.5 billion through a bond auction aimed at financing budget deficits. This initiative supports the Federal Government's public spending obligations.
The Federal Government has approved the development of new deep seaports to enhance maritime trade and logistics in Nigeria. This initiative aims to strengthen the country's economic infrastructure and boost trade efficiency.
The South West Development Commission has obtained a provisional rail operating and track access licence from the Nigerian Railway Corporation. This milestone is expected to enhance regional economic transformation.
The UK unemployment rate has edged up to 5%, data shows. Explore the impact of the Middle East war and rising energy prices on Britain’s jobs market.
Dangote Refinery has reduced the price of jet fuel to ₦1,650 per litre. This decision is intended to alleviate cost pressures on airlines and maintain a steady fuel supply nationwide.