Category: Business

The Nigerian fiscal policy committee led by Taiwo Oyedele has proposed sweeping reforms to the country’s Value-Added Tax (VAT) system, including increases in VAT rates[more...]

The Central Bank of Nigeria (CBN) has instructed that all banks must impose a cybersecurity tax of 0.5% on all transactions. The levy will be[more...]

In this modern age, the passport has acquired a new dimension of significance in the form of its ranking among nations. Whether you can travel[more...]

Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms from onboarding new customers. However, the[more...]

China has dethroned the United States of America (USA) as its approval ratings in the region rose six percentage points, from 52% in 2022 to[more...]

The federal government plans to provide subsidy to developers and operators of solar mini-grids in unserved and underserved areas in the country. The subsidy will[more...]

Tertiary education in Nigeria is an important component of the nation’s educational system, offering advanced learning opportunities beyond secondary schooling. It encompasses universities, polytechnics, colleges[more...]

The Minister of Works, David Umahi, has said the government is constructing the Lagos-Calabar coastal highway at a total cost of N4bn per kilometre and[more...]

The number of customers who filed complaints against their financial institutions increased by 63.54% from 6.12 million recorded in 2022 to over 10 million in[more...]

More Africans are resigning from their jobs in search of healthier company culture and better work-life balance as opposed to just wanting a higher salary.[more...]

World Economics used corruption perception, rule of law, press freedom, and political rights indexes to rank the countries. According to World Economics, the criteria for[more...]

The naira, Nigeria’s currency, has been ranked the third best performing currency in Africa, according to african markets.com, a regional research hub. The naira is[more...]

Nigeria Data Protection Commission (NDPC) has launched investigations into more than 400 cases of privacy breaches involving digital lenders, commonly known as loan apps. NDPC[more...]

At least 15 universities in the United Kingdom have publicly announced staff layoffs and course closures, prompted by a significant decline in overseas postgraduate student[more...]

Billionaires from the US took up six positions in the list while the only outsider, France, took the top position. Nigeria’s Aliko Dangote failed to[more...]

Ikeja Electric Distribution Company (IE) has attributed the ongoing power outage in some parts of Lagos to load restrictions of its various transmission centers. In[more...]

A leading fintech company, PalmPay is partnering with the Lagos State Government on the Food Discount Market - Ounje Eko, taking place across five (5)[more...]

The Debt Management Office (DMO) recently disclosed the total external debt stock of the 36 states and the Federal Capital Territory (FCT) reached $4.61 billion[more...]

The Central Bank of Nigeria (CBN) has increased the capital base for commercial banks with international authorization to N500 billion and national banks to N200[more...]