Business & Economy

Aggregate VAT stood at N2.06 trillion in second quarter of 2025, says NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) said Nigeria recorded an aggregate Value…

Why CBN retained interest rate at 27% – Cardoso

By Nchetachi Chukwuajah The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…

We sacked Ezra Olubi because of ‘significant negative reputational damage,’ says Paystack

By Nchetachi Chukwuajah  Paystack, the Stripe-owned Nigerian fintech, has explained that it sacked its co-founder…

NNPCL records N5.4 trillion profit after tax in 2024, targets N60 billion investments by 2030

By Nchetachi Chukwuajah The Nigerian National Petroleum Company Limited (NNPCL) recorded a profit after tax…

Foreign reserves surge to seven-year high of $46.7 billion, could cover over 10 months of imports, says CBN

By Nchetachi Chukwuajah Nigeria’s foreign reserves surged to $46.7 billion as of November 14, 2025,…

‘Na statistics we go chop?’: Nigerians react to 16.05% October inflation rate

By Nchetachi Chukwuajah The news of Nigeria’s headline inflation rate declining to 16.05 per cent…

How ‘strong performances’ in Nigeria, Ghana boosted MTN revenue in 9 months

By Desire Emmanuel, with Agency Reports South African telecoms giant, MTN, said on Monday, November…

Air Peace in trouble, loses $15 million as company that leased aircraft to it withdraws 3 planes

By Desire Emmanuel Trouble seems to be on course for Air Peace Ltd. as it…

Senate approves Tinubu’s N1.15 trillion domestic loan request to fund 2025 budget

By Nchetachi Chukwuajah  The Senate has approved President Bola Tinubu’s loan request of N1.15 trillion…

‘End systemic corruption first’: Netizens react to new tax policies exempting minimum wage earners, SMEs

By Nchetachi Chukwuajah Netizens have urged the Federal Government to end systemic corruption and improve…

Naira will strengthen, inflation will drop to 14%, GDP will increase by 4% in 2026, manufacturers predict

By Nchetachi Chukwuajah  The Manufacturers Association of Nigeria (MAN) has projected further strengthening of the…

Govs are receiving more money but ordinary Nigerians have less in their pockets, tax committee chairman says

By Nchetachi Chukwuajah  Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele,…

More hard times for investors as FIRS orders banks, brokers to deduct 10% withholding tax on interest from treasury bills, others

By Desire Emmanuel The Federal Inland Revenue Service (FIRS) on Tuesday, October 28, directed banks,…

Reactions as report says high interest rates discourage business owners from taking loans

By Nchetachi Chukwuajah Moniepoint’s Informal Economy Report 2025 reveals that more business owners in Nigeria…

Report: 41% of businesses owned by women make less than N10,000 profit daily

By Nchetachi Chukwuajah Forty-one per cent of informal businesses owned by women in Nigeria make…

Heirs Insurance Unveils Travel Festival to Promote Inclusive African Tourism

The maiden edition promises a rich lineup of activities, including diplomatic dialogues, fireside chats with…

Private Sector Leaders Drive Call for Digital Competitiveness at Texcellence 2025

“We are standing at a pivotal point. By 2040, Africa will be home to the…

Afe Babalola hits hard on Tinubu, says Nigeria’s debt burden has made its reputation deteriorating, discouraged foreign investments

By Desire Emmanuel Legal icon and founder of Afe Babalola University, Ado-Ekiti (ABUAD), Chief Afe…

NBS report says prices of maize, garri, beans, potatoes, onions, eggs, tomatoes, others have reduced

By Nchetachi Chukwuajah Nigeria’s inflation rate decreased to 18.02 per cent in September 2025, a…

FG goes after marketers responsible for cooking gas price hike

By Nchetachi Chukwuajah The Federal Government has concluded plans to go after marketers responsible for…