IMTO inflows surge 63.7% in 2024 amid CBN reforms
The Central Bank of Nigeria has revealed a 63.7% per cent increase inflows from international money transfer operators for the first nine…
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Samsung integrates generative AI into top-selling TVs
Samsung Electronics is advancing its AI efforts with Vision AI, a new suite of features for its premium TVs. The AI-powered screens…
Landmark to relocate Lagos HQ after controversial resort demolition
Landmark Africa, the firm behind Landmark Beach Resort in Lagos, plans to relocate its Nigerian headquarters and expand operations. The Chief Executive…
Bitcoin nears $100,000 as US congress set to certify Trump
Bitcoin is nearing the $100,000 milestone as market momentum builds ahead of Donald Trump’s anticipated election ratification. The cryptocurrency climbed 1.41% on…
Cut corporate tax to 7.5%, NACCIMA urges Tinubu
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on President Bola Tinubu’s administration to take decisive steps…
Saudis raise February crude prices as OPEC+ delays production
Saudi Arabia raised oil prices for Asian buyers next month, signaling potential tighter supply in its largest market after OPEC+ delayed plans…
Alcohol stocks fall in Asia after US cancer warning
Shares of Asian liquor and beer companies dropped after the US Surgeon General highlighted a direct link between alcohol consumption and increased…
Retailers to start loading from P’Harcourt refinery this week – PETROAN
Marketers and retailers of petroleum products are set to start lifting Premium Motor Spirit from the Port Harcourt Refining Company this week,…
BUA refinery not 90% complete – Management
BUA Refinery and Petrochemicals has addressed a misleading report, clarifying that its refinery project in Akwa Ibom is not 90% complete as…
FG can keep current VAT formula 100% – Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has suggested that the current Value Added Tax…
FG allocates N100bn for school feeding program in 2025 budget
The Nigerian government has earmarked N100 billion for the continuation of the National Home Grown School Feeding Programme in the 2025 Appropriation…
Corporate Tax, VAT drive federation account to N6.86tn – CBN
Receipts into the federation account increased by 7.48% to N6.86 trillion in the third quarter of 2024, according to the latest Economic…