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Business

Foreign Companies in Nigeria Pay N2.55 Trillion in Taxes

In the first six months of 2024, foreign companies operating in Nigeria, including Google, Facebook, and Netflix, paid a whopping N2.55 trillion in taxes...
Business

Record Profit: Nigerian Banks’ Dividend Grows by 74%

Shareholders of three major Nigerian banks, Zenith Bank Plc, Guaranty Trust Holding Company Plc (GTCO), and Stanbic IBTC Holdings Plc, are set to receive...
News

EFCC Secures N342 Million Forfeiture in Fraud Case

A Federal High Court in Abuja has ordered the interim forfeiture of N342,545,933.75 traced to a Nigerian accused of fraudulently diverting £2,000,000 from a...
Business

MSME Innovations Celebrated at Annual Awards Ceremony

The Economic Forum Series® (EFS), Nairametrics, and DiGiComm Enterprises have announced the headline partners for the 2024 Annual MSME Finance Awards - MasterCard and...
Business

Cocoa Prices Falls in Taraba State, Farmers Struggle to Make Ends Meet

In Taraba state, cocoa farmers are facing a significant challenge as the price of cocoa has dropped drastically from N900,000 to N300,000 per bag....
Business

The Naira’s Dynamics in the FX Market

The Nigerian naira has experienced significant fluctuations in its performance within the foreign exchange (FX) market recently. Following a series of interventions by the...
Business

Telecommunications Operators to Disconnect Unlinked Phone Lines

Starting September 15, 2024, telecommunications operators in Nigeria will begin disconnecting mobile phone lines that are not linked to the National Identification Number (NIN)....
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