The Nigeria Sovereign Investment Authority (NSIA) has posted a total comprehensive income closed at N1.18 trillion for 2023, a growth of 1,122 percent relative to the N96.96 billion it posted...

The Central Bank of Nigeria, CBN, has raised the minimum capital base for commercial banks operating in Nigeria to N200bn from N25 billion and has given them two years to...

The Chairman of the Federal Inland Revenue, Mr. Zacch Adedeji, has said the federal government is targeting a single-digit tax regime in Nigeria after the tax reforms. Adedeji spoke on...

The 10th Cohort of the Tony Elumelu Foundation Entrepreneurship (TEF) Programme (https://www.TonyElumeluFoundation.org) has been announced. Previously over 50 business sectors from farming to technology represented by 20,000 entrepreneurs from 54...

The Nigerian Meteorological Agency (NiMet), has unveiled its new website with more user-friendly interfaces. The new website which can be accessed through the nimet.gov.ng domain has been meticulously designed by...

Businesses will still have to access bank credits at a higher interest rate as the Central Bank of Nigeria CBN) has further raised the interest rates to fight inflation. But...

Willing investors in Nigeria will now gain more returns on their investments as the Central Bank of Nigeria (CBN) has raised the benchmark interest rate again by 200 basis points...

There are strong indications that the Central Bank of Nigeria (CBN) may hold the benchmark interest rate at 22.75 in the March 2024 Monetary Policy Committee Meeting, holding 25th and...

The management of Benue Investment and Property Company Limited (BIPC) has requested remittances of over N228 million deducted from retired civil servants who are BIPC property subscribers. Data from BIPC...

The Federal Government has initiated criminal proceedings against Binance, a prominent cryptocurrency exchange platform over alleged tax evasion. The charges, filed at the Federal High Court in Abuja, were announced...