Business Climate and Economy

90% of Nigeria’s tax revenue comes from only nine taxes – Wale Edun
April 22, 2024

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that approximately...

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Customs’ revenue at Tincan Port increases by 139% in Q1
April 22, 2024

Comptroller of Customs Area Commander at Tincan Island Ports (TCIP), Dera Nnadi, has reported that the...

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Only 6% Of Nigerians Own Vehicles — NADDC
April 22, 2024

The Director General of the National Automotive Design and Development Council (NADDC) Joseph Osanipin has revealed...

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NSIA invests $500 million in domestic infrastructure projects in Nigeria
April 22, 2024

The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar Sadiq, has announced an...

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Nigeria to earn $3 billion from cocoa as prices stay higher than $10,100 per ton
April 18, 2024

Cocoa futures recovered above the $10,150 mark on the Intercontinental Exchange (ICE) in New York as...

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Mobile money transactions in Nigeria jump to N17 trillion in Q1 2024 – NIBSS
April 18, 2024

Mobile money operators (MMOs) in Nigeria, comprising the likes of OPay, Palmpay, and others, witnessed a...

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Nigeria Can Grow Annual GDP By 12% – NIPPS DG
April 18, 2024

The Director General of the National Institute for Policy and Strategic Studies (NIPPS), Prof. Ayo Omotayo,...

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IMF Raises Nigeria’s 2024 Growth Forecast To 3.3%
April 18, 2024

The International Monetary Fund (IMF) on Tuesday raised its forecast for Nigeria’s economic growth in 2024...

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Nigeria Startup Act: NITDA says 12,948 startups now registered
April 17, 2024

The National Information Technology Development Agency (NITDA) says it has so far registered 12,948 Nigerian startups...

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Nigeria oil reserves rise to 37.50 billion barrels in January – NUPRC
April 17, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday that the country’s oil and gas...

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Nigeria To Earn N650bn From Wood Export Ban
April 16, 2024

Six years after the ban on illegal timber export, Nigerian wood processing sector has picked up...

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FIRS Generates N12.3 Trn In 2023
April 16, 2024

The Chief Executive, Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the organisation witnessed...

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