Business Scene
FG plans to raise N1.8tn from bond market
The Federal Government plans to raise N1.8 trillion from the bond market in the first quarter of 2025. The Debt...
World Bank projects 3.5% GDP growth for Nigeria in 2025
The World Bank has forecast that Nigeria’s economy will grow by 3.5 per cent in 2025. The projection, contained in...
Dangote raises petrol price from N899 to N955/litre for bulk buyers
The Dangote Petroleum Refinery has carried out an upward review of the price of petrol from N899 to N955/litre for...
BREAKING: Governors’ forum endorse tax reform bills
The Nigeria Governors' Forum, on Thursday, endorsed the controversial tax reform bills. This was revealed by the chairman of the...
CBN launches DocFlow, MDAs naira payment solutions
The Central Bank of Nigeria (CBN) has introduced two digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and...
Telecoms tariff increase won’t exceed 60% – Minister
Minister of communications, innovation, and digital economy, Bosun Tijani, has stated that the hike in telecoms tariff will not exceed...
Tax reform bill will end taxation of poverty – FIRS
The Federal Inland Revenue Service (FIRS) has stated that the proposed tax reform bill will among other things, standardise Nigeria’s...
Petrol price stood at N1,214 in November – NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N648.93 in...
NASS sets N25 trillion revenue target for FIRS
The National Assembly Joint Committee on Finance has set a N25 trillion revenue target for the Federal Inland Revenue Service...
Nigeria’s FX reserves drop to $40.56 billion
Nigeria’s foreign exchange (FX) reserves recorded a significant decline, shedding $359.81 million within a single week to settle at $40.56...