Currency Outside Banks Drops To N3.66trn In July
Currency outside Nigeria’s banking system fell to N3.66 trillion in July 2024, marking the biggest drop this year and a...
Monday, September 16, 2024
Lead-In
Nigeria’s Foreign Capital Inflows Drop By 57.22% To $770m
Nigeria’s foreign capital inflow fell to $770 million in April 2024, marking a significant decrease of 57.22 per cent from...
As theft ravages oil, gas sector: Investors Propose Divestment Of 26 Oil Blocks Worth 8.2m Barrels
In a strategic pivot for Nigeria’s oil sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that international oil...
‘Ajaokuta Steel May Face Disconnection Over N1.2bn Debt’
The Nigerian Electricity Regulatory Commission (NERC) has raised a red flag regarding Ajaokuta Steel Company Limited (ASCL), warning that the...
Aviation Unions Demand Full Reversal Of 20% Revenue Deduction
Aviation workers have rejected the federal government’s recent decision to lower the revenue deduction from aviation agencies from 50 per...
Nigeria Demands BVN, NIN For $500M Dollar Bond
The Federal Government of Nigeria has unveiled new identification requirements for investors in its latest financial offering, the Domestic FGN...
New Tax Laws, Cryptocurrency Framework Set For September Launch
The federal government is set to introduce new tax laws by September, with specific regulations for the cryptocurrency industry. This...
Nigeria Prepares For Internet Protocol Version 6 Rollout
The federal government is set to introduce Internet Protocol version 6 (IPv6) in a bid to improve internet user identification,...
On Another Bout Of Fuel Crisis
Nigeria’s current fuel crisis is a glaring symptom of deeper structural issues plaguing the nation’s energy sector. As petrol prices...
PoS Fraud Rises By 31% Amid Dwindling ATM Usage
Nigeria has seen a striking 31.12 per cent increase in Point-of-Sale (POS) fraud cases during the first quarter of 2024,...
