Business

CBN: Allegation of N89tn Stamp Duty Fraud is Ridiculous, Baseless

The apex bank said it has nothing to do with stamp duty collections other than keeping the records.

2 years ago

Nigeria Remains Destination Of Choice For Corporate America To Invest, Buhari Declares

He said Nigeria remains Africa’s largest single consumer market, projected to account for over 15% of overall growth by 2025.

2 years ago

Nigeria, US Firm Sign $10bn Agreement On Clean, Reliable Electricity

Phase one is set to begin first quarter of 2023.

2 years ago

Nigeria Unveils 10-Year Plan to Achieve Self-Sufficiency in Rice Production

The deputy minister of Agriculture said the FG remained extremely committed to the promotion of the sector.

2 years ago

Court Refuses Motion Seeking to Stop CBN’s Cash Withdrawal Limits, Naira Redesign

The CBN Governor Godwin Emefiele has promised to brief lawmakers soon.

2 years ago

France Provides €110M Facility for Kaduna’s BRT

It is expected that 160,000 passengers will commute daily on the system.

2 years ago

Bank of England Lifts Interest Rate to 14-year High

The hike was less than in November when it lifted borrowing costs by 0.75 percentage points.

2 years ago

Nigeria Says 619.7m Barrels of Crude Oil Valued at N16.25trn Lost to Theft, Sabotage in 12 Years

It said it's regrettable that dsspite an economy largely dependent on oil, some Nigerians would choose to collude with foreign…

2 years ago

Nigeria Senate to Debate CBN’s Cash Withdrawal Limits on  Wednesday

The apex bank has limited maximum cash withdrawal limit for individuals to N100,000 and corporate bodies to N500,000 per week.

2 years ago

US SEC Charges ex-FTX Boss Bankman-Fried With Defrauding Investors

We allege that Sam Bankman-Fried built a house of cards on a foundation of deception

2 years ago