Wednesday, February 18, 2026
Nigeria VATting her way out of recession as consumption tax grows to N204bn
Consumption as a component of gross domestic product has seen uptick in the past year as revenue from value-added tax...
Read moreDetailsOPEC hopeful on outcome of production cuts, see uptick in demand, price rally
Member countries of OPEC, including Nigeria, which have continued to manipulate the quantity of crude oil pumped into the international market to...
Read moreDetailsOsinbajo rides on Buhari’s endorsement to sign N7.44trn budget
Acting President Yemi Osinbajo on Monday signed the 2017 appropriation bill into law thus ending a month long speculation on...
Read moreDetailsOvia, Wigwe, Elumelu reap big in 2016 bank dividend payout
After almost a decade of lull in the Nigerian equities market, fresh momentum is now beginning to emerge. But it...
Read moreDetailsNigeria’s economy only 0.65% of global share, but still Africa’s largest
Nigeria, Africa's most populous country, accounts for just 0.65 percent of global economy says the World Bank in latest figures...
Read moreDetailsTanzania gov’t, Chinese firm sign $154m contract to expand country’s main port
President John Magufuli of Tanzania Tanzania's government signed a $154 million contract on Saturday with the state-run China Harbour Engineering...
Read moreDetailsNigeria’s top banks’ directors take home N6.17 billion in 2016
Executive compensation- Updated * Bad bank, AMCON, directors earn N776 million despite 351bn loss... Ahmed Kuru, Managing Director, Asset Management...
Read moreDetailsNigeria’s domestic debt service soars to N1.23trn in 2016
Kemi Adeosun, Nigeria's Minister of Finance While domestic debt stock/GDP ratio is still in a fair region, there has been...
Read moreDetailsNigeria yet to join global efforts to ban plastic usage despite ranking high in polluted cities list
* Aba, Kaduna, Onitsha, Umuahia in global ranking.... Four cities in Nigeria have been ranked top in the list of...
Read moreDetailsCompliance concerns seen scuttling OPEC’s production cuts as Gulf row deepens
The continued rising tensions in the Gulf region might risk the Organisation of Petroleum Exporters’ (OPEC’s) oil production cuts agreement,...
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