FG launches 9-month window to allow Nigerians deposit undisclosed foreign currencies in banks
The Federal Government of Nigeria has launched a 9-month window for Voluntary Currency Disclosure, Depositing, Repatriation, and Investment Scheme, also...
Nigeria’s National Economic Council recommends withdrawal of tax reform bill
The National Economic Council (NEC) comprising of the 36 state Governors and chaired by the Vice President has recommended the...
Paddy rice production in Nigeria projected to decline over insecurity, high fertiliser cost –AFEX
Paddy rice production in the 2024 wet season is projected to decline by as much as 2.6% resulting in a...
Flour Mills returns to profitability, posts N19.7 billion pre-tax profit in six months
Flour Mills of Nigeria Plc in the six months ending September 30, 2024, reversed its losses posting a pre-tax profit...
BUA Foods grow pre-tax profit by 94% to N215.6 billion in nine months
BUA Foods in the first nine months of 2024 saw its pre-tax profit rise by 94% from N111.4 billion in...
President Tinubu appoints Major Gen. Oluyede as Acting Chief of Army Staff
President Bola Ahmed Tinubu has appointed Major General Olufemi Olatubosun Oluyede as the acting Chief of Army Staff (COAS).
Court bars CBN, Accountant-General from further disbursing allocation to Rivers state
The Federal High Court in Abuja, on Wednesday, issued an order barring the Central Bank of Nigeria (CBN) from further...
Taiwo Oyedele reacts to Northern Governors’ opposition to derivation model of VAT distribution
According to him, the current VAT distribution model is not only unfair to Northern states but states across all geopolitical...
Nestle Nigeria Plc posts N255 billion pre-tax losses in first nine months of 2024
In the first nine months of 2024, Nestle Nigeria Plc recorded a pre-tax loss of N255.38 billion on the back...
Nigeria’s reforms attracting serious and growing interest from foreign investors – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso has stated that the current reforms being implemented...
