Business

All the recent business news in Nigeria, economy and industry updates.

CBN pushes interest rate to 17.5%

Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have voted toincrease the interest rate from 16.5 per cent to 17.5

Finance bill: ‘Its unlawful to share stamp duty, bank levy nationally’

A member of the Chartered Institute of Taxation of Nigeria, (CITN), Mr Francis Ubani, has flayed the attempt in the Finance Bill 2022 to share revenue

‘NiMet recovering, digitising 130-year-old weather data’

The Nigerian Meteorological Agency (NiMet) has said it is recovering and digitising Nigeria’s 130 year old weather data for the proper history of Nige

FIRS sets revenue record, collected N10.1tr in 2022

The Federal Inland Revenue Service (FIRS) has stated that it collected over N10 trillion in tax revenue in 2022, the highest tax collection ever recor

MPC to retain monetary rates – Experts

Ahead of the press briefing by the Monetary Policy Committee of the Central Bank of Nigeria (CBN) today, finance experts say the committee may likely