President Bola Tinubu has launched the Presidential Economic Coordination Council (PECC) to address Nigeria’s current economic challenges. The council includes key government officials, top private sector…
Browsing: Business
Federal Government Exempts Farmers and Small Businesses from Withholding Tax The Federal Government has introduced a new withholding tax policy that exempts farmers, small businesses, and…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, highlighted concerns about the increasing transaction volumes of non-bank financial institutions (NBFIs) in West Africa,…
Boeing announced Monday that it has finalized an agreement to acquire Spirit AeroSystems, its subcontractor, in a deal valued at approximately $4.7 billion. This acquisition, involving…
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that some customers have not received their insured deposits due to discrepancies in their information. NDIC Managing Director…
The Bank of England (BoE) has issued a warning about the potential for market volatility and economic repercussions due to policy uncertainty tied to upcoming elections…
Singapore Seizes $4.4 Billion in Crime-Linked Funds Since 2019 Since 2019, Singapore has confiscated S$6 billion ($4.4 billion) connected to criminal activities and money laundering, aiming…
Explosions Rock Dangote Refinery in Lagos On Wednesday, explosions were heard after a fire erupted at the Dangote Group refinery in Ibeju-Lekki, Lagos State. The cause…
President Akufo-Addo has directed the Finance Ministry to release ¢1.5 billion to support customers affected by the banking sector clean-up. This announcement was made by Finance…
The United States has added Japan to its “monitoring list” of major trading partners whose currency practices warrant close scrutiny, though none have been labeled as…