Latest News in Nigeria – Page 9 of 48

Resistance To Tax Reform Bills A Product Of Misinformation, Misinterpretation – Ogun Governor

Resistance To Tax Reform Bills Product Of Misunderstanding – Ogun Gov

Governor Dapo Abiodun of Ogun State has emphasised that the resistance to Nigeria’s proposed tax reform bills is largely a result of misinformation and misinterpretation. Speaking at the Africa Investment Forum in

Emmanuel Ochayi

2 weeks ago

How 29 State Governors Spent N2tn On Travel, Sitting Allowances, Others— Report

Report Reveals How 29 Governors Spent N2tn On Recurrent Expenditures

A recent report has revealed that 29 state governors in Nigeria collectively spent ₦1.994 trillion on various recurrent expenditures in the first nine months of 2024. These expenditures included travel costs, sitting

Emmanuel Ochayi

2 weeks ago

Nigeria's Equity Market Rises By 0.77% As Investors Chase Value Ahead Of Year-End

Business·Latest News·Markets

Stock Market Dips By 0.06% As Trading Volume Reaches N12.84bn

The Nigerian stock market experienced a downturn on Thursday, with key indices closing slightly lower by 0.06%. This came as investors refrained from aggressive buying, causing the All-Share Index (ASI) to dip

Emmanuel Ochayi

2 weeks ago

Business·FEATURES·Latest News·Top Stories

Tax Reform Bills: How Good Policy Can Turn Sour

When the Nigerian government unveiled the Tax Reform Bills, it was met with cautious optimism. Promising to streamline over 66 tax levies into a manageable eight and boost investment through equitable tax

Emmanuel Ochayi

2 weeks ago

Business·Latest News·Top Stories

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

The Naira strengthened significantly across foreign exchange markets on Thursday, closing at N1,567 to the dollar. This marks a N41 or 2.5% gain from Wednesday’s rate of N1,608 at the Nigerian Foreign

Emmanuel Ochayi

2 weeks ago

Business·Latest News·Top Stories

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

Governor Denies Lagos’ Dominance Over Tax Reform Bills Governor Babajide Sanwo-Olu of Lagos State has clarified misconceptions about the recently proposed tax reform bills, denying claims that Lagos would disproportionately benefit from

Emmanuel Ochayi

3 weeks ago

Why Nigeria's Foreign Debt Rises To N30trn- Report

Business·Latest News·Top Stories

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

Naira Devaluation Drives Foreign Debt Increase Nigeria’s foreign debt has surged to N30 trillion in naira terms due to significant currency depreciation. The Debt Management Office (DMO) revealed that external obligations, although

Emmanuel Ochayi

3 weeks ago

How Marketers Imported 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Business·Latest News·Oil & Gas

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Marketers Persist with Fuel Imports Despite the operational launch of two major refineries in Nigeria, the Dangote Petroleum Refinery and the Port Harcourt Refining Company, oil marketers have continued to import fuel.

Emmanuel Ochayi

3 weeks ago

Work Ongoing On Port Harcourt Refinery’s 150,000bpd Plant – Presidency

Business·Latest News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial

Emmanuel Ochayi

3 weeks ago

Nigeria’s Equity Market Sees Fresh Gains As Investors Target Undervalued Stocks

Business·Latest News·Markets

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

Market rebounds after previous day’s losses Nigeria’s equity market bounced back on Wednesday, recording a 0.48% gain in market capitalisation, equivalent to N286 billion. This development followed the prior day’s decline, signalling

Emmanuel Ochayi

3 weeks ago

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Latest News in Nigeria - Page 9

Resistance To Tax Reform Bills Product Of Misunderstanding – Ogun Gov

Report Reveals How 29 Governors Spent N2tn On Recurrent Expenditures

Stock Market Dips By 0.06% As Trading Volume Reaches N12.84bn

Tax Reform Bills: How Good Policy Can Turn Sour

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

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