Greif sells assets in Nigeria, says no plan to revive operations
Greif Nigeria Plc has announced the sale of its property, plant and equipment, saying it does not have any immediate
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Economics
Nigerian stocks post N1.13tn monthly gain, forex reserves up $1bn
Investors in the Nigerian stock market recorded a total gain of N1.13 trillion in January as the market capitalisation of
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‘N1,000 in 2019 now N730’: Rewane offers solutions to Nigeria’s inflation crisis
Nigeria needs to stimulate economic growth and reduce money supply, among other measures, in order to tackle the high inflation
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Companies paid less taxes to Nigerian govt in 2020, official data show
The company income tax paid to the Nigerian government declined to N1.41 trillion last year, according to the Nigerian Bureau
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Nigeria’s annual VAT revenue surges 29% to N1.53tn
The revenue generated from Value Added Tax in Nigeria increased by 28.57 percent in 2020, buoyed by the increase in
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Nigeria’s inflation will surge to 18.19% in Q2 – Cordros Capital
Analysts at Cordros Capital Limited have said the inflation rate in Nigeria will reach 18.19 percent at the end of
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Nigeria at risk of ‘future debt servicing challenges’, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria has said the Federal Government’s recurrent expenditure remained relatively high
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Nigeria’s economy shrank by 4.1% in 2020 – World Bank
Nigeria’s economy is estimated to have contracted 4.1 percent in 2020, as the effects of the pandemic impacted economic activity
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[BREAKING] Nigeria reopens borders after 16-month closure
President Muhammadu Buhari has directed the immediate reopening of the country’s land borders, after nearly 16 months of closure. This
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Border closure: Congo overtakes Nigeria in intra-African trade
The Democratic Republic of Congo has overtaken Nigeria, Africa’s biggest economy, to become the second-largest intra-African trade economy, a new
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