World Bank cuts sub-Saharan Africa’s 2019, 2020 growth forecast
The World Bank says the region’s economy was expected to grow 2.6 per cent this year, from a 2.8 per cent projection in April.
VAT: How we’re protecting small businesses — Official
President Buhari says tax authorities will “focus their compliance efforts on larger businesses”.
Nigeria to spend a quarter of 2020 budget on debt payment
Debt servicing is featuring prominently in the N10.3 trillion budget announced by President Buhari on Tuesday.
Imported products killing our businesses, Palm oil dealers lament
“A twenty-five litres of oil which used to sell for N19,000 and upward during off-seasons that starts from June to December, now sells for N14,000 and downward.”
BUA managing director named best young African economic leader
Mr Rabiu, who oversees operations of Bua Group’s diverse business interests, topped the rank of 100 CEOs.
Nigeria stock market indices slump further by 0.45 per cent
The market capitalisation lost N59 billion or 0.45 per cent to close at N13.078 trillion against N13.137 trillion.
#NES25 opens to discuss private sector-led economy for Nigeria by 2050
The theme of #NES25 will be “Nigeria 2050: Shifting Gears.”
Insurance Sector Life Annuity Fund Portfolio hits N323bn – NAICOM
The official says the growth during the last three years for RLA business averaged 34.28 per cent and 35.12 per cent in count and volume respectively
Glo offers subscribers rewards in ‘My Own Don Beta’ promo
The company says the items include tricycles, popularly called Keke, industrial sewing machines, grinding mills, and generators.
Forex intervention: CBN injects $311.5 million into retail SMIS
The CBN also made intervention of 15 million Chinese Yuan
Profit taking persists on NSE, market capitalisation loses N111bn
The market capitalisation dropped amidst sell pressure in blue chips.
FIRS targets 45 million tax payers by December – Fowler
The FIRS boss says the figure will result from the expansion of tax base from 10 million taxpayers.
Economy: World Bank ranks Nigeria among ‘Top 20 Improvers’ in ease of doing business
The World Bank is expected to release the full report later this month.
Radical changes Nigeria needs to drive growth — Soludo
Mr Soludo says Nigeria’s future without oil will be powered by the country’s greatest assets – human capital and technology.
Oil prices recover on lower output from U.S., Russia, OPEC
Oil prices are likely to remain steady, with Brent averaging 65.19 dollars a barrel and WTI 57.96 dollars in 2019, as flagging demand outweighs supply shocks, a Reuters survey showed.
NSE: Indices record 0.16 per cent in last trading day of September
The market capitalisation shed N22 billion to close at N13.450 trillion in contrast with N13.472 trillion on Friday.
Air Peace gets approval to operate daily flights to South Africa
Flights are to start “as soon as possible.”