Economy

Taiwo Oyedele, the Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms has told President Bola Tinubu to suspend Value Added Tax...

The Fifth Generation (5G) technology would be implemented this year, according to Umar Danbatta, the chairman of the Nigerian Communications Commission (NCC). Danbatta said this...

Nasir el-Rufai, governor of Kaduna has said the All Progressives Congress (APC) asked President Muhammadu Buhari to remove fuel subsidy, he refused. This is as...

The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the FX closing rate on the date that importers submit...

On the black market, the naira-US dollar exchange rate has dropped to a new low, trading at a minimum of N740/$1 on Tuesday morning....

The Central Bank of Nigeria (CBN) has granted commercial banks licenses to freely trade at any rate in the foreign exchange market. This decision came...

Oil marketers stated on Friday warned that the frequent appearance of queues of desperate motorists at filling stations in search of Premium Motor Spirit,...

The Central Bank of Nigeria (CBN) has linked the naira's depreciation versus the dollar and its inability to manage the foreign exchange market to...

After suffering a massive loss of 22.44 percent versus the US dollar, the Ghanaian cedi came under pressure. This occurs despite efforts by Ghana's...

Some commercial banks have been forced to close in Warri. The banks were forced to close abruptly on Friday when scores of market women barricaded...