Naira weakens against dollar
The naira continued its decline against the dollar in the foreign exchange market on Wednesday.According to FMDQ data, the naira fell to N1512.61 per...
Lagos Ministry of Commerce partner with Woodhall Capital to fulfil ministerial mandate
Lagos State Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI) has signed a partnership agreement with Messrs Woodhall Capital Limited that will see the...
Lagos launches payers activation campaign on Land Use Charge
To increase compliance and create public awareness, the Lagos State Ministry of Finance has launched “Operation Payers Activation” campaign on Land Use Charge (LUC)...
Company income tax reduced by 12% in Q1 as corporations exit
Nigeria's tax revenue from Company Income Tax (CIT) dropped to N984.6 billion in the first quarter of 2024, marking a 12.87% decline from the...
‘The economy is heading in right direction’ – Wale Edun
Nigeria’s economy is experiencing appreciable growth, which may lead to a reduction in high inflation within a few months, according to Wale Edun, Minister...
Naira disappoints, loses 11.7% despite FX market intervention
The Nigerian naira ended today downbeat, losing about 12% day on day despite forex market intervention. Despite FX sales to local banks, exchange rate...
Forex: Naira appreciates against dollar
The Naira appreciated against the dollar at the official foreign exchange market on Wednesday, coinciding with the first anniversary of President Bola Tinubu's administration.According...
Minimum wage: Labour unions agree to meet FG on Tuesday
The Organised Labour has agreed to attend the ”negotiation” meeting of Tripartite Committee on the Minimum Wage slated for Tuesday.Mr Etim Okon, the Vice...
CBN will retain high interest rates to control inflation — Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the apex bank will keep interest rates high until inflation...
CAC Registration: Police to go after unregistered PoS operators
The Federal Government has underscored the potential security advantages of the mandatory registration of Point-of-Sales (PoS) operators nationwide, suggesting it could aid in reducing...
