The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have set up a Joint Committee of senior and management staff of the duo agencies for the implementation of inter-agency strategies for enhancing national revenues in the telecommunications…
Airtel Nigeria has raked in N304 billion ($734 million) from data service alone between April 2021 and March 2022. This was driven by a sharp increase in data consumption by its customers. This represents a 41.1per cent growth in data…
Ghana’s inflation rate reached 23.6per cent/ in April from 19.4per cent in March. The new record depicts its highest since January 2004. This was revealed by Samuel Kobina Annim, Government Statistician/ for Ghana who stated that/ imported items surpassed locally…
The Naira on Tuesday appreciated at the Investors and Exporters window, exchanging at N418.25 to the dollar. The Naira gained 0.18 per cent to the dollar, compared with the N419 traded on Monday. The open indicative rate closed at N417.70…
By Uthman Salami The Central Bank of Nigeria (CBN) has disclosed that it would go ahead with plans to upgrade Nigeria’s Digital Currency, otherwise known as Central Bank Digital Currency (CBDC) or the eNaira, noting that this would enable the…
The World Bank has revealed that the Nigerian economy could earn additional $23-$29 billion if the country closed the gender gap. This was contained in its new report, “Closing Gaps, Increasing Opportunities: A Diagnostic on Women’s Economic Empowerment in Nigeria,”…
Honeywell Group is set to grow its investment portfolio following the approval for the acquisition of one of its subsidiaries by Flour Mills of Nigeria with the culmination of a transaction that is seen as one of the biggest strategic…
The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it traded on Friday. The open indicative rate closed at N419 to the dollar on…
Local officials on Monday said Ethiopian security forces have seized 64 million Ethiopian Birr (1.25 million U.S. dollars) worth of contraband gold. In a press statement, Ethiopia Federal Police said the contraband gold haul was seized on Saturday through the…
About 98 per cent of cattle consumed in the state are from the northern part of the country or from across the border. The remaining 2 per cent is a shortfall in local production and represents about 181,757 tons of…
