FIRS revitalises Nigeria’s tax system . ..generate N3.94 trillion revenue in Q1 2024
By Kayode Ogunwale L-R: Mrs Dapo Awolowo (Head, Office of the Special Adviser on Media to the Chairman, Federal Inland Revenue Service, FIRS); Mr. Dare Adekanmbi (Special Adviser on Media…
Dangote Refinery capable of solving Nigeria’s forex problems; catalysing economic devt, says S&P Global
By Kayode Ogunwale Associate Director, Sovereign Ratings, S&P Global Rating, Maxmillian McGraw; Senior Analyst, Bank Ratings, Charlotte Masvongo, Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar…
FG Allocates N732bn for Empowerment Projects in 2024 Budget, Higher than Allocations for Health Projects
By Kayode Ogunwale Tracka, BudgIT’s service delivery promotion platform, which allows citizens to collaborate, track, and give feedback on public projects in their communities, has discovered billion worth of…
Divestments: Indigenous energy companies capable of growing Nigeria’s oil production, says Seplat
Timely approval of deals could advance Nigeria’s energy fortunes, says Roger Brown Abuja, 4 July 2024: Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange…
Court Grants EFCC Order to Freeze 1146 Suspicious Accounts linked to FX manipulation
EFCC Chairman, Ola-Olukoyede Justice Emeka Nwite of the Federal High Court Abuja, on Wednesday 24, April, 2024 granted the Economic and Financial Crimes Commission, EFCC, an interim order to freeze…
Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively
Dangote Refinery Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in…
Dangote crashes Diesel price to N1,000 per litre
Dangote Refinery Plant In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1200 to N1,000 per litre. While rolling out the…
MPC raises MPR by 200 basis points
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points to percent. This decision was made during the second MPC meeting…
How interest rate, Inflation, exchange rate will shape economic growth in 2024 -Augusto & Co
A Pan-African Credit Rating Agency Agusto & Co. identified three major economic variables that are likely to have an impact on Nigeria's growth in Gross Domestic Product (GDP) in 2024.…
Nigeria’s Inflation Rate Will Drop To 21% In 2024, Says Cardoso
Amid the rising prices of foodstuff and other commodities in the market, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that the nation’s inflation…