General News

ID4D: World Bank says Nigeria on track with 70% of NIN target achieved
April 2, 2024

The World Bank has marked the performance of the Nigeria Identity for National Development (ID4D) as...

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Nigeria gets N4.9 trillion CIT in 2023
March 17, 2024

Nigeria’s Company Income Tax (CIT) collections rose by 73.14%, reaching $3.1 billion in 2023, up from...

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Nigeria gets N3.64 trillion VAT in 2023 
March 17, 2024

Nigeria has recorded a 45.02% increase in its Value Added Tax (VAT) collections, amassing a total...

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Lack of Investment Threatens Nigeria’s 70% Broadband Target
March 17, 2024

The 70 per cent broadband penetration target set to be achieved by 2025 may flop due...

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Telcos in 101 Countries Launch Commercial 5G
March 17, 2024

No fewer than 261 telecoms operators in 101 countries including Nigeria have launched commercial 5G mobile...

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Nigeria set to attract over $600 million investments through data centers – Ayotunde Coker
March 14, 2024

Despite the unresolved issue of power that could be a major setback for this type of...

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Nigeria’s Solid Minerals Deposit Estimated at $700BN, Says Alake
March 13, 2024

Minister of Solid Minerals Development, Dele Alake, has said that Nigeria’s mineral deposit is estimated at...

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Nigeria’s Total Trade Rises To N72trn In 2023
March 11, 2024

The value of Nigeria’s total trade rose to $45.2 billion in 2023, a 37.2 percent from...

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Active bank accounts in Nigeria reached 151 million in 2022 -NIBSS
February 15, 2024

The number of active bank accounts in Nigeria increased to 151 million in 2022, a 13%...

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UK to sign new trade deal with Nigeria, to allow U.K lawyers practise in Nigeria
February 14, 2024

The United Kingdom will today enter into new economic and trade partnerships with Nigeria to facilitate...

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Indian investors get approval to invest $25 million in Nigeria
February 14, 2024

In a landmark move poised to redefine the contours of Nigeria’s financial landscape, Indian investors have...

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NAFDAC approves 105 new drug manufacturing facilities amidst multinational exits
February 14, 2024

The National Agency for Food and Drug Administration and Control (NAFDAC) has disclosed the approval of...

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