Nigeria has rolled out another tax amnesty scheme. Backed by Presidential Executive Order No 8 signed on 8 October 2018, Voluntary Offshore Assets Regularization Scheme (VOARS) became the latest effort at combating money laundering and tax evasion.
Nigerians are hardworking people who also create time to unwind; this they do by hanging out with friends and families at joints after work.
Many Nigerian oil companies and service firms have reported good results this year.
The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it’s 2019 Doing Business Report (the Report). This latest report sees Nigeria ranking 146 out of 190 countries on the ease of doing business index, a drop by one place from 2018 ranking of 145.
Investing in the capital market, like most productive endeavors in life, presents with choices.
Daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, Forex
Meet Sola, a brand manager in a multinational PR and marketing firm which has been operating in Nigeria for over 50 years.
CBN data reveals the nation’s external reserves fell by $500 million in the past one week.
The total power generation in Nigeria has been moving between 3,000 megawatts and 3,500 megawatts in the last few months.
In the wake of the Soludo led bank recapitalisation drive Nigerian banks saw their balance sheet rise to N17.3 trillion.
Ekocorp Plc is one of the biggest private healthcare providers in Nigeria, and the only one listed on the NSE.
For every litre of Premium Motor Spirit (petrol) consumed in Nigeria, Akabueze confirmed that the nation spends N55 to subsidise the fuel through the Nigerian National Petroleum Corporation (NNPC)
The stage is now set as the two main parties in Lagos state, PDP and the ruling APC.
The Federal Government of Nigeria (FGN), on 8 October 2018 (Effective Date), issued Executive Order 008 (Order), backing the implementation of the Voluntary Offshore Assets Regularisation Scheme (VOARS or the Scheme).
Nigeria’s budget deficit is expected to rise to 2.59 trillion in 2019 according to the Federal Government’s Medium Term Expenditure Framework 2019 – 2021....
The performance of the Nigerian Equity Market remained bullish last week with the index (NSE ASI) up by 1.19% WTD to close at an index level of 32,841.98 and Market capitalization of N11.99trillion.
More Nigerians are waking up to the need to save for the rainy day as indicated by the trends.
Data suggests that CBN has been lagging in its drive to achieve 80% financial inclusion in Nigeria.
the nation is targeting a tighter fiscal plan for the economy by projecting a budget of N8.6 trillion in the next fiscal year -2019.
the external reserves currently stands at $42.92 billion as at Tuesday, October 16,
Average price paid by consumers for diesel increased to ₦211.64 in September 2018 from ₦207.98 in August 2018.
Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price. PMA...
Nigeria has been ranked in the 115th position in the Global Competitiveness Index (GCI) 4.0 Rankings 2018, released by the World Economic Forum (WEF)
declaration of an indefinite strike action in response to the Government’s failure to favourably review Nigeria’s minimum wage.
The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,456.98 and Market capitalization of N11.85 trillion.
The company specialises in the manufacturing and merchandising of drugs, both for human and animal consumption.
Peter Obi is not new to the Nigerian economic terrain.