Business
CBN RT200: Exports Rise by 137.9%, Capital Imports Slow to $1.5bn in Q1 2022
The RT200 policy recently launched by the Central Bank of Nigeria (CBN) to incentivise export earnings has started to yield...
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OPEC Increases Nigeria’s Crude Oil Production Quota To 1.799mbpd In July
The Organisation of the Petroleum Exporting Countries (OPEC) has announced it has increased Nigeria’s crude oil production quota from 1.766...
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High Vacancy Rates Continue To Impact on the Lagos Office Market- Report
In our 2022 Lagos Pipeline report, we highlighted that the commercial office development pipeline remains active with approximately 63% of...
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Analysis on 3.1% growth in Nigerian economy Shows Services sector rose by 4.7 %, Agriculture grew by 3.61%, Industry contracted by -6.81%
The Federal Executive Council (FEC) received a report about Nigeria’s 3.1 per cent economic growth in the first quarter of...
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Nigeria’s Capital Inflow Falls to $1.57 billion in Q1 2022
Nigeria attracted a total of $1.57 billion in capital inflows in the first quarter of 2022, falling by 28.1% compared...
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FIRS To Commence Recovery Of Unremitted Tax Deductions By States, Local Governments
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted...
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Customs Sign “e-Customs concession” Agreement with China’s Huawei to Generate $176 billion in 20 Years
The Nigeria Customs Service (NCS) revealed that the implementation of the e-customs project will generate $176 billion in 20 years....
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Debt Servicing May Gulp 100% Of FG’s Revenue By 2026, IMF Warns
The International Monetary Fund has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by...
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Airfares Increased By 52% Due To Forex, Jet A1 Crisis
The average airfare paid by passengers on specified routes for a single journey has increased by 52 per cent in...
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Uber, Bolt Drivers Stage Protest In Abuja
Bolt and Uber drivers staged a protest in Abuja,calling for an immediate upward review of e-cab fares to reflect the...
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