Money
Year in review: Dangote, Adenuga, Rabiu, Otedola net worth in 2024
Nigerian billionaires' wealth increased in 2024, with Aliko Dangote once again ending the year at the top, while Mike Adenuga was the biggest winner of the year.
Tax reform: Over 90% of workers to pay lower taxes in proposed bill
Contrary to widely peddled opinions that workers will pay more tax post-reforms, Taiwo Oyedele has shown that the passing of the tax bill will mean lower tax for 90%
Nigeria Customs intercepts 7 trucks with over 2000 bags of foreign rice
The Nigeria customs service has intercepted over 7 trucks containing over 2000 50kg bags of smuggled foreign rice. Mr. Kola Oladeji gave details of the operation.
Nigeria Customs generates record-breaking N5.1trn in revenue in 2024
The Nigeria customs service says it has hit a new record, generating over N5 trillion from its operations in 2024. This is almost 60% growth from 2023.
Fitch Ratings raises alarm of further naira depreciation amid budget shortfall
US rating agency, Fitch Ratings has warned that the Nigerian naira could face further depreciation if the country fails to meet its fiscal deficit reduction goals.
NCAA directs airlines to provide food, accommodation, rerouting options during flight disruption
NCAA has directed airlines to provide for passengers stranded due to flight disruptions. They have also agreed that sunset airports will operate till 10 pm not 7 pm.
Year in review: Shell leads top Nigerian mergers and acquisitions deals recorded in 2024
The value of mergers and acquisitions (M&A) recorded in 2024 in Nigeria was some of the biggest in the West Africa region and the whole continent.
Expert predicts naira stability in 2025, lists factors to drive growth
After stabilizing in the official foreign exchange (FX) market from July to December 2024, the naira-dollar exchange rate is anticipated to stay steady until 2025.
Nigerians groan over excessive PoS charges as CBN orders bank to set withdrawal limits
Many Nigerians have expressed increasing displeasure with the persistent issue of automated teller machines running out of money and having to patronise poS agents.
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