N7trn accrued to federation account in 6 months — RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has revealed that the total sum of N7.3 trillion accrued into the Federation Accoun
Business
All the recent business news in Nigeria, economy and industry updates.
‘Banks lost N10bn to cyber fraud in 2023’
Stakeholders in the banking and financial ecosystem, yesterday, decried the surge in cyber fraud as Deposit Money Banks (DMBs) lost N10 billion in the
Equities market suffers N35bn loss
The NGX All-Share Index yesterday dropped below the 100,000 mark for the second time this week, ending at 99,845.91 points. Daily Trust reports that t
Reversing tariff increase will cost Nigeria N3.2trn in subsidy — NERC
The Nigeria Electricity Regulatory Commission (NERC) has said that the recent tariff increase is necessary to avert a N3.2 trillion electricity subsid
BDCs now buying dollar at N980 — ABCON president
The Association of Bureau De Change Operators of Nigeria (ABCON) said the Bureau De Change (BDC) operators were buying dollars at N980/$ at the open m