Reconsider 70% forex windfall tax, stakeholders tell FG
Opposition to the imposition of a 70 per cent foreign exchange windfall tax on commercial banks rose yesterday with stakeholders asking the federal go
Business
All the recent business news in Nigeria, economy and industry updates.
Sea ports record 74 criminal incidents in 6 months
The nation’s seaports witnessed several criminal breaches between January and June, 2024. The breaches include attacks on vessels to the arrest of sus
CBN’s 26.75% interest rate will worsen purchasing power – MAN
The Manufacturers Association of Nigeria (MAN) has reacted to the new Monetary Policy Rate (MPR) which benchmarks interest rates to 26.75 per cent fro
58m Nigerians use banking channels to manage finances — Report
About 58.3 million Nigerians now utilise banking channels or services to manage their finances. This is according to the latest Access to Financial Se
OPS asks CBN to settle $2.4bn FX forwards
Members of the Organised Private Sector (OPS) have called on the Central Bank of Nigeria (CBN) to promptly settle valid outstanding Foreign Exchange (