The International Monetary Fund (IMF) says Nigeria’s low tax revenue-to-gross domestic product (GDP) ratio is “problematic”. Abebe Aemro Selassie, IMF’s director of the African department, spoke at a news conference
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The naira reversed the appreciation trend at the parallel section of the foreign exchange market on Friday. The local currency depreciated by 17.14 percent to N1,230 per dollar — from
President Bola Tinubu has appointed Olusegun Ayo Omosehin as the commissioner for insurance, National Insurance Commission (NAICOM). Tinubu appointed Omosehin to replace Olorundare Thomas. In a statement on Friday, Ajuri
President Bola Tinubu has appointed Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). Ajuri Ngelale, special adviser to the president on media and publicity, disclosed
China has written off an undisclosed amount of Zimbabwe’s interest-free loans as it pledges to help the country find a
Paul Onwuanibe, chief executive officer (CEO) of Landmark Africa Group, says government has not formally contacted the resort on the
The Federal Competition and Consumer Protection Commission (FCCPC) has carried out price monitoring and surveillance exercises in Masaka market in
Commercial banks’ market capitalisation has depreciated by N1.74 trillion since the Central Bank of Nigeria (CBN) directed financial institutions to
Wale Edun, finance minister and coordinating minister of the economy, says Nigeria’s tax-to-gross domestic product (GDP) ratio is low because
The Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for duties to N1,147.02 per dollar. This
