Business

The implementation of the newly introduced 7.5 per cent  hike in Value Added Tax (VAT) and related tax adjustments in the 2010 Finance Act has commenced,…

The finance bill signed by President Muhammadu Buhari will affect Nigeria’s economic space in more ways than one. Checks by TheCable showed that the bill…

THE Central Bank of Nigeria (CBN) spent nearly $16.56 billion to defend the naira in the last one year, The Nation has learnt.…

The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading…

Eight subsidiaries of the Nigerian National Petroleum Corporation (NNPC) declared a massive N83.9 billion trading surplus…

Swiss professional tennis player, Roger Federer is reportedly ‘set to become tennis’ first billionaire’ in 2020, after making a fortune from a combination of prize…

Founder and President of Dangote Group, Aliko Dangote, has revisited his plan to buy English Football Club, Arsenal. For years, his interest to buy the…

The inflow of venture capital into the African technology ecosystem is not slowing down. Last year, startups operating on the continent…

Dangote Group is set to purchase 10,000 Indonesian-made light pickup trucks. The trucks, which are described as the rural multipurpose…

Nigeria received $17.57 billion in direct diaspora remittances between January and November 2019. Data obtained from the Central Bank of…

The Johannesburg-listed shares of MTN Group rose more than 5% on Friday after the announcement that Nigeria’s Attorney General and Justice Minister,…

The 1968 Ford Mustang GT that Steve McQueen drove in the classic car chase from the movie “Bullitt, one of the most famed cars from American cinema, sold…

Nigerian equities charged further yesterday to their sixth consecutive positive trading session, chalking up N402.6 billion to push net capital gains for…

Power distribution companies (DisCos) have shown the Nigerian Electricity Regulatory Commission reasons why their licences should not be cancelled by the regulator.On November 6, 2019, The PUNCH reported a…

As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of the economy, analysis of data…

Aliko Dangote, Africa’s richest man, plans to take office space in Big Apple New York to help diversify his investments and avoid the risk of currency fluctuations on…

The Central Bank of Nigeria (CBN) says the minimum loan to deposit ratio for commercial banks would remain at 65% in…

Award-winning fin-tech start-up, Xpress Payment Solutions Limited, said it has processed transactions in excess of N140 billion through its…

Segun Agbaje, the chief executive officer of Guaranty Trust Bank, says the economy may record better short-term growth if subsidies on fuel and…

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.Currently, all companies are expected to pay the…

Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1.Speaking through their umbrella body, Association of Nigerian Electricity Distributors,…

Oil prices surged, gold hit a more than six-year high and most equities tumbled Monday after the US assassination last week of a top Iranian…

Nigeria, Africa’s biggest crude exporter, yesterday, recorded $15.642 million trading surplus in one day as oil, its biggest revenue earner, continued its spike by trading at a new high of $67.48…

• Blame Nigeria For Dithering On Decision• ‘Most ECOWAS Central Banks Have Not Audited Accounts In Four Years’Economic experts have cautioned Nigerians holding the bated breath and anxiously waiting…