Nigerian manufacturers are groaning under the weight of heavy cost of production as foreign exchange challenges and epileptic power supply continued to undermine their activities. The...
The Nigerian currency, the Naira depreciated against the dollar at the Investors and Exporters window on Monday, exchanging at N431. The figure represented a decrease of...
The Federal Government is expected to generate about N160.46bn from excise duty on telecom services along when the new taxes on telecoms and beverages...
The desperate need to attract foreign direct investment following Nigeria’s poor fiscal environment may be the reason President Muhammadu Buhari approved the ExxonMobil’s $1.52...
President Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block...
Analysis of industry data — mostly from the Nigerian Electricity Regulatory Commission (NERC) — from January 2010 to September 2021 showed that the grid suffered 216...
The Naira recorded a mixed performance against the US dollar at both the official and unofficial exchange rates. Data obtained from FMDQ securities showed that the...
Minister of Communications and Digital Economy Prof. Isa Ali Ibrahim Pantami has been conferred with a Fellowship status by the Chartered Institute of Information Security (CIISec)....
The Lagos State Internal Revenue Service (LIRS) has said its Whistle-Blower Initiative will deepen transparency, and accountability and uphold a high standard in the administration of...
Nigeria is set to lose revenue accruing from foreign airlines operating in Nigeria as most of the airlines have decided to cut down on operations in...