ECONOMY

Nigerian start-up adds $26.5m to Africa’s $1.19b fund - NIGERIA has continued to be the destination of start-up capital. The country has added $26.5million to Africa’s $1.19billion secured in the first...

Fitch upgrades Lagos ratings to triple A, says state is in good standing - Global rating agency Fitch, has upgraded its rating of Lagos State from AA+ (nga) to AAA(nga) for...

FIRS Writes National Assembly, Seeks Exclusive Power on VAT - The Federal Inland Revenue Service, in a desperate bid to retain the collection of the Value Added Tax, has written the...

FIRS speaks on Plans to Tax Social Media Platforms - The Federal Inland Revenue Service FIRS, Muhammad Mamman Nami, has denied claims the agency plans to tax social media businesses. Punch...

FG Disburses N56.8bn Survival Fund to One Million Nigerians - The federal government has disbursed N56.8 billion to over a million persons and businesses in Nigeria, including those registered under the...

BREAKING: Nigeria’s GDP Records 5% Growth for Q2, highest since 2015 - Nigeria has recorded its third consecutive quarterly growth, NBS reported on August 26, 2021. Nigeria’s Gross Domestic Product (GDP)...

Business Owners Dialogue to Reap AfCFTA Gains Using Digital Platforms - About 50 business owners from across Africa have begun a three-day consultation in Dakar, Senegal with Micro, Small and Medium...

APM Terminals Apapa Introduces Berthing Window for Better Port Services - Terminal services operator, APM Terminals, Apapa, has unveiled a Berthing Window that would ensure that port services are delivered efficiently....

CBN may Sanction Microfinance Banks for illegal Forex Trading - The Central Bank of Nigeria (CBN) has threatened to sanction and revoke the licences of microfinance banks found to be engaged...

Requirements & Eligibility for CBN Creative Sector Loan 2021 - The central bank of Nigeria (CBN) have made available credit opportunities in the real sectors of Nigeria’s economy, one of the...