The BRICS nations will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. Trump has repeatedly threatened to use tariffs to achieve his Read more…
Category: Business
Governor Babagana Zulum of Borno State has voiced the North’s opposition to President Bola Tinubu’s Tax Reforms Bill currently before the National Assembly. which was posted on X, Zulum stressed that the North will not be party to the proposed Read more…
Ngozi Okonjo-Iweala, the first woman and first African to lead the World Trade Organization (WTO), has been officially reappointed for a second term as Director-General. The WTO shared the announcement on Friday, November 29, via its verified X (formerly Twitter) Read more…
The British government raked in over N68 billion from processing over 225,000 UK visa applications from Nigerians between June 2023 and June 2024. During the launch of Africa’s largest UK visa application center in Lagos this week, the British High Commission Read more…
The Presidency on Wednesday intensified moves to woo the members of the Senate to back the proposed tax reform bills, which has generated heated debates across the country. During plenary presided over by the Deputy Senate President, Barau Jibrin, the Read more…
Port Harcourt Refinery, one of the oil refineries owned by the Nigerian state, has commenced processing crude oil production. The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL) Femi Soneye, disclosed this on Tuesday. Soneye revealed Read more…
12 members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have unanimously agreed to further raise the monetary interest rate to 27.50 per cent basis points from 27.25 per cent in a continued drive to Read more…
The lawmaker representing Abia South Senatorial District, Senator Enyinnaya Abaribe, has revealed that there was no request for a new presidential jet before it was purchased. In an appearance on Channels Television’s Politics Today on Monday, Abaribe shared that no Read more…
By Richard Odu The opposition to the tax reform bill by some northern governors has reawakened the desire for restructuring Nigeria’s political system, especially as it concerns generation and distribution of commonwealth and amenities. The grouse of the governors was Read more…
Dangote Refinery has announced reductions in its price of Premium Motor Spirit (PMS), also known as petrol, for marketers. The management of the 650,000 bpd refinery explained that the price, which was N990 per litre, has now been reviewed to Read more…
media influencer, Vincent Martins Otse, a.k.a VeryDarkMan, that N500m was missing from a customer’s account domiciled with the bank. In a statement issued via its social media accounts on Sunday, the bank maintained that it doesn’t engage in unethical practices Read more…
An irate mob on Friday set ablaze two men said to be revenue touts working with Anambra State government. The men were set ablaze for causing the death of an innocent bystander at Old Market Road along Venn Road by Read more…