Finance & Economy - Page 126

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Experts Urge Focus On Local Industries As Naira Fall Persists

In recent times, Nigeria has been grappling with the continuous devaluation of its currency, the Naira, against major foreign currencies. This persistent depreciation has raised concerns among economic experts and policymakers about

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·News·World News

UK, US Pledge Support For Nigeria’s Marine, Blue Economy Development

The governments of the United Kingdom and the United States have announced their commitment to partner with Nigeria in the development of the newly established Ministry of Marine and Blue Economy. This

Emmanuel Ochayi

1 year ago

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Business·News·Oil & Gas

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

During the Platform Nigeria symposium held on Monday, October 2 in Lagos, Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, shocked the audience with a stark revelation.

Emmanuel Ochayi

1 year ago

Labour·Personal Finance

FG Begins 1 Percent Deduction From Staff Salaries As NSITF Mandatory Contribution

The Federal Government has begun implementation of mandatory 1 per cent contribution from public servants Emoluments to the Nigeria Social Insurance Trust Fund (NSITF). The contribution is for the Employees’ Compensation Scheme

Abigail Erhiagboje

1 year ago

Equity Market Begins July With 0.04% Decline

Business·Currency·News

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

The Nigerian Stock Exchange (NGX) All-Share Index has surged by an impressive 29.52% during the third quarter of 2023, reaching a 15-year high and defying prevailing economic concerns. This remarkable rally has

Emmanuel Ochayi

1 year ago

Nigeria's Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Business·News·Oil & Gas

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

In a move aimed at providing relief to the Nigerian populace amidst ongoing discussions about the removal of fuel subsidies, the Federal Government has announced a significant measure to alleviate the economic

Emmanuel Ochayi

1 year ago

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure

Emmanuel Ochayi

1 year ago

Labour·News

NLC Stands Firm On Nationwide Strike Amidst FG’s Independence Day Plea

In a resolute stance, the Nigeria Labor Congress (NLC) and the Trade Union Congress (TUC) have maintained that there is no turning back on their planned nationwide strike, set to begin on

Emmanuel Ochayi

1 year ago

News·Oil & Gas

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

The Nigerian Content Development and Monitoring Board (NCDMB) has partnered with Waltersmith Refining and Petrochemical Company Limited to offer young university graduates remedial training on oil and gas industry operations. The 12-month

PBA Reporter

1 year ago

Business·News·Real Estate

Abbey Mortgage Bank Shareholders Approve Capital Reduction To Unlock Future Dividends

In a move aimed at paving the way for future dividends, shareholders of Abbey Mortgage Bank Plc have resoundingly endorsed the board of directors’ proposal to reduce the company’s issued share capital

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 126

Experts Urge Focus On Local Industries As Naira Fall Persists

UK, US Pledge Support For Nigeria’s Marine, Blue Economy Development

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

NLC Stands Firm On Nationwide Strike Amidst FG’s Independence Day Plea

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

Abbey Mortgage Bank Shareholders Approve Capital Reduction To Unlock Future Dividends

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