Business
FG Says SMEs To Contribute 70% To GDP By 2025
The Federal Government has said its goal is to ensure the Micro, Small and Medium Enterprises (MSMEs) sector accounts for...
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Nigeria Drops Rank as Libya Becomes Africa’s Biggest Oil Producer
Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month...
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FIRS Gained N4.2trn Revenue Between January and September 2021
The Federal Inland Revenue Service (FIRS) has revealed that it generated revenue of N4.2 trillion between January and September 2021...
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CBN Denies Removing Exchange Rate From Its Website
The Central Bank of Nigeria (CBN) has refuted media reports that it took the foreign exchange rate off its website....
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Arik Airline Worker Arrested For Alleged Extortion in Lagos Airport
A staff of Arik airline has been apprehended while soliciting bribe from a travelling passenger at the General Aviation Terminal,...
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Lagos Pushes States’ Mid-year IGR To N0.84trn in 2021
States recorded N849.12bn Internally Generated Revenue in the first half of 2021 financial period. Figures obtained from the National Bureau...
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eNaira Gets N46.3m Transactions Within Two Weeks
The eNaira, Africa’s first digital currency, successfully completed N46.3 million worth of transactions in less than two weeks of launch....
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Banks, Insurance Firms To Net N22.6bn From MDAs
Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank charges and insurance...
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AfDB Moves To Boost Land Governance Systems
The African Development Bank (AfDB), the African Union Commission (AUC) and the United Nations Economic Commission for Africa (UNECA) have...
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CBN Says Fake Circulation of Naira Dropped By 20.8% in 2020
The Central Bank of Nigeria (CBN) has said that the volume of counterfeit currency in circulation dropped from 84,934 pieces...
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