Withholding tax rates and application in Nigeria – FIRS
The Federal Inland Revenue Service FIRS has released an explainer on the objectives of the withholding tax, WHT, rates and…
Category: Featured
PIB: Timipre Sylva says dis-functional refineries one of the reasons for subsidies
The press briefing on the imminent passage of the petroleum industry bill (PIB) by the minister of petroleum, Timipre Sylva…
Nigeria hits a 17.33% inflation rate in February – NBS
Nigeria hit an inflation rate of 17.33% (year-on-year) in February 2021 according to the consumer price index, (CPI) which measures…
PayPal and Flutterwave collaborate to make payment easy for businesses in Africa
Merchants in Africa are getting an added benefit from a new partnership between PayPal and Flutterwave. They will be able…
The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn
By the end of 2020, the Total Public Debt held in Nigeria was at N32.915 Trillion – DMO. Nigeria’s Debt…
CBN Naira 4 Dollar scheme for diaspora remittance – what is it?
How CBN Naira 4 Dollar works. The inconsistencies in oil prices in the global market have seen the Central bank…
Nigeria posts a negative foreign trade balance of N2.73trn in Q4 2020
Nigeria – Q4 2020 foreign trade stats from the NBS Nigeria recorded a trade deficit of N2.73trn in the fourth…
Growing a digital economy environment for business in Nigeria
What an enabling environment for business in Nigeria would look like with digital economy if there is more infrastructure. During…
Nigerian Dr Cyprian Ngong lost his father to COVID-19 before vaccine arrival
Dr Cyprian Ngong is the first Nigerian to take the AstraZeneca COVID-19 vaccine. During the rollout of the COVID-19 vaccine…
Nigeria: OMO offerings to non-residents soon phasing out – CBN
The Central Bank of Nigeria, CBN is in the process of shutting down Open Market Operations, OMO sales – a…