Business & Economy

Maureen Aguta The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has disclosed that the Federal Government would impose 15 per cent Value Added Tax (VAT) on luxury goods, adding that…

Maureen Aguta The World Bank has stated that 129 million Nigerians are poor. The apex bank stated this in its most recent development update on Nigeria. The apex bank pegged Nigeria’s population at 223 million, based on…

Maureen Aguta   The U.S. Agency for International Development (USAID) and Prosper Africa, a U.S. government Presidential-level national security initiative, in collaboration with the Office of the Vice President of…

Maureen Aguta   The International Monetary Fund (IMF), has published its World Economic Outlook (WEO) for 2024. The report crashed Nigeria’s growth projection to 2.9 per cent. “Nigeria’s growth prospects for 2024…

Maureen Aguta The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming and betting activities as part of a new bill to overhaul Nigeria’s tax framework. The bill,…

Maureen Aguta Data from the National Bureau of Statistics (NBS) indicates that Nigeria’s inflation rate has taken a worrying turn, surging to 32.7 per cent in September 2024, up from 32.15 per cent in August 2024.…

Maureen Aguta The World Bank Vice President and Chief Economist, Mr. Indermit Gill has said that if the ongoing economic reforms in Nigeria are maintained, the Nigerian economy will rebound and become big in 15 years…

Maureen Aguta The Standards Organisation of Nigeria (SON) today joined the global community in celebrating World Standards Day, emphasising its commitment to standardisation, quality assurance, and conformity…

The funds will focus on enhancing services for women, children, and adolescents, while also addressing climate challenges such as floods and drought.

Maureen Aguta The Federal Government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) to begin collecting charges, fees, fines and others in Naira…