Category: featured

Equity market loses N92bn as stocks tumbles

The Nigerian equity market suffered a loss of N92.32 billion on Tuesday, driven by dips...

Companies’ tax payments to FG decline 12% in Q1

Tax payments from Nigerians and international companies fell by 12% in the first quarter of...

We contributed $550m to Afrexim Bank loan facility – Oando

Oando Plc has stated that it contributed $550 million to the $925 million released to...

Nigeria’s GDP per capita could rise to $1,120 in 2029 – IMF

Nigeria’s GDP per capita is predicted to reach $1,120.67 by 2029, according to the International...

Renewable energy to attract $2tn investment in 2024 – Report

Renewable energy sources are likely to attract $2 trillion in worldwide investment in 2024, out...

Multichoice fined N150m over DSTV, GOtv price hike

Multichoice Nigeria has been fined N150 million by the Competition and Consumer Protection Tribunal for...

Nigeria’s economy to hit $1.85tn in five years – IMF

The International Monetary Fund has projected that by 2029, Nigeria’s Purchasing-Power-Parity-based GDP share of the...

FG denies proposing N105, 000 new minimum wage

The Presidency has characterized as fake the story making the rounds that the Minister of...

Cooking gas price crash amid export ban – Marketers

The Federal Government’s ban on the export of Liquefied Petroleum Gas, also known as cooking...

Nigeria to save $4.4bn by switching to compressed natural gas

The Federal Government of Nigeria has declared that by switching to compressed natural gas, the...

OpenAI restores ChatGPT after major outage

OpenAI has successfully restored its widely-used AI chatbot service, ChatGPT, following a significant global outage...

Companies on tax breaks rise to 104 – NIPC

The Federal Government acting through the Nigerian Investment Promotion Commission has awarded new tax breaks...