Forex trading is an intriguing and potentially lucrative realm. Nevertheless, it involves significant risks that should not be overlooked. Navigating these perils and attaining enduring triumph necessitates implementing prudent risk management strategies. This post delves into crucial approaches for managing…
Lagos based businessman, Banji Akinola has urged President Bola Tinubu to save private businesses from collapse by reducing the current high import duty and taxes. Speaking at the sidelines of a reception in honour of his late mother, Madam Janet…
The Central Bank of Nigeria’s Monetary Policy Committee has retained Cash Reserve Ratio at 32.5 per cent. The acting governor of CBN, Folashodun Shonubi, disclosed this on Tuesday in a communique after the MPC’s 292nd meeting. CRR represents Commercial banks’…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) has raised alarm on increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes. Mr Mohammed Bello-Koko, Managing Director, NPA, said this in a statement in Lagos…
The Lagos Chamber of Commerce and Industry (LCCI) has called for sound regulations, policies, and governance to enable digital economy to create new possibilities and economic opportunities for businesses and investors. LCCI President, Dr Michael Olawale-Cole, said this at the…
The US-based International Monetary Fund (IMF) has retained its 3.2 per cent forecast for Nigeria’s economic growth in 2023. IMF disclosed this in its recent World Economic Outlook update titled “Near-Term Resilience, Persistent Challenges.” The development bank also raised the…
The House of Representatives has commenced a probe of oil companies operating in the Niger Delta region over $9.05 billion in revenue lost from gas flaring in Nigeria. The Speaker of the House, Tajudeen Abbass, disclosed this at the Ad-hoc…
The National Agency for Food and Drug Administration and Control (NAFDAC), has notified Nigerians about the sale of unwholesome Mayonnaise branded (Whippy Real Mayonnaise) in Nigeria. The notification is contained in a public alert, No. 024/2023, and issued to the…
Customs: Nigeria, Benin Republic address multiple taxes on transit cargoes By Seun Ibiyemi The Nigeria Customs Service (NCS) and the Benin Republic counterpart on Monday agreed to address the multiple taxes on transit cargoes along the ECOWAS corridor. They also…
The federal government has said Point of Sale, PoS agents found guilty of price fixing will pay a fine of up to N10 million or three months prison sentence. The Federal Competition & Consumer Protection Commission disclosed in a statement…
