The United States lawmakers have proposed a bill seeking to impose a 5 per cent tax on remittances sent abroad. House Republicans released a bill draft on Monday targeting money people send to foreign...
Nigeria’s gross external reserves have declined by 6.5 per cent year-to-date, shedding $2.67 billion between January and May 2025, amid mounting debt servicing obligations and sustained dollar interve...
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform. With this...
BankTech, the digital lending arm of MTN Mobile Money unit, disbursed a record $592 million in loans in Q1 2025, according to MTN Group’s financials, its highest since launching in August 2023. The su...
President Bola Tinubu has sought the approval of the Senate for the Federal Capital Territory Administration’s 2025Appropriation Bill. Mr Tinubu’s request is contained in a letter addressed to the Sen...
The Federal Government has listed its April 2025 Savings Bonds valued at N4.3bn on the Nigerian Exchange Limited. The listing, which took place on Tuesday, was disclosed in a market bulletin issued by...
The Federal Ministry of Industry, Trade and Investment (FMITI) has unveiled the results of the national Digital Trade Survey and Mapping Exercise. The unveiling event took place on the sidelines of th...
The advisory, signed by the acting Director, Corporate Communications, Mrs Hakama Sidi-Ali and released to the media yesterday, noted that despite an earlier advisory issued on November 18, 2024, thes...
International Breweries Plc announced key changes to its Board of Directors following a meeting held on March 27, 2025. The Company accepted Mr. Michael Ajukwu’s resignation as a Non-Execut...
Telecom subscribers in Nigeria could soon be paying 5% more for data and voice services if the Nigeria Tax Bill 2024 is signed into law. Passed in the Senate on May 8, 2025, the bill reintroduces a co...
