In the face of soaring fuel prices and the removal of fuel subsidies, Nigerians are showcasing their inventive spirit by exploring alternative methods to mitigate the impact of escalating costs of goods and services. The country, known for its resilient population, has been quick to adapt to change and find […]
Economy
The Finance Act2023 was enacted on 28th May,2023. TheActamendedcertain provisions in the taxlaws. Consequently, taxpayers,tax practitioners and the general public ar ehereby invited to take notice that the amended provisions shall take effect as follows: (Download the pdf below:) ENACTMENT OF THE FINANCE ACT 2023
The Nigerian National Petroleum Company Limited (NNPC Ltd) has expressed its support for President Bola Tinubu’s decision to remove the subsidy on Premium Motor Spirit (PMS), commonly known as fuel. Speaking at a press briefing held at the NNPC Ltd. Towers in Abuja, Malam Mele Kyari, the Group Chief Executive […]
As Nigeria moves into a more technology-driven world, Blockchain has emerged as a transformative force that offers unique benefits to various sectors. This National Blockchain Policy for Nigeria has identified talent development, innovation, and adoption as the key areas to harness the potential of Blockchain Technology in Nigeria. The Policy […]
Global technology giant OPPO has once again outdone itself with the stunning Reno8 T series, which was released in Nigeria in March. First of all, the smartphones were a huge success right away. Their pre-orders sold out in a matter of days, setting a record for the industry. They also […]
The Naira depreciated against the dollar on Monday 3rd April 2023, exchanging for N463.50 at the investors’ and exporters’ window. The rate represents a decrease of 0.46 percent when compared to the N461.38 it exchanged to the dollar at the close of business on March 31. The open indicative rate closed […]
President Muhammadu Buhari has sent best wishes to Muslims as they commence 30 days of Ramadan fasting, urging that they use the season “to project the best and finest virtues of Islam by personal conduct, and not precept.” In a goodwill message to mark the beginning of the holy month […]
The re-elected governor of Lagos State, Babajide Sanwo-Olu has reassured Lagosians that religious and ethnic differences will not cause division among Lagos State residents. He also praised his fellow contestants for participating in the election and urges them to in the spirit of sportsmanship team up with his government to […]
The Central Bank of Nigeria, CBN has expended N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the starting point of the intercession. The CBN Governor, Godwin Emefiele, disclosed this in a statement issued by after the last Monetary Policy Committee meeting held in Abuja. According to […]
The Force in a statement signed by the Director of Information, Commodore AO Ayo Vaughan, said; “The Nigerian Navy (NN) has been made aware of a defamatory film that is making the rounds on social media platforms and claims that the Nigerian Navy Ship (NNS THUNDER) was in danger and that […]