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...
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...
McDonald’s on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer. While McDonald’s has long been one of P...
The World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025, attributing the anticipated decline to the Central Bank of Nigeria’s tight monetary stance aimed at resto...
The federal government has commenced a revised insurance regulation for leased aircraft to enhance easy operations of airline business in the country. The new policy, launched through a collaboration ...
The Nigerian money market is poised for a liquidity boost as inflows from Federal Government of Nigeria (FGN) bond coupon payments worth N143.13 billion are expected to ease pressure on overnight lend...
