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GTCO fined N1.3bn for foreign exchange market violation in Ghana 

GUARANTY Trust Holding Company Plc (GTCO) has been fined a N1.30 billion fine for breaching foreign exchange market operational...
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CBN’s interest hike favours banks with N2.4 trillion income, hampers business lending

COMMERCIAL banks' earnings from interest income rose significantly in the first quarter of the year, with N2.4 trillion in...
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Nigeria’s imports rose by 97.93%  in second quarter – NBS

NIGERIA's imports rose significantly by 97.93 per cent to N12.47 trillion from N6.30 trillion on a year-on-year basis in...
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Nigeria’s crude oil production averages 1.35m barrels daily in August – OPEC

NIGERIA's crude oil production averaged 1.352 million barrels per day in August, according to the Organisation of Petroleum Exporting...
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Proposed value-added tax offers 0% on food, health, education – Oyedele

THE chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, said the committee had proposed that...
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Value added tax collection rises by 99.82% in Q2

THE total value-added tax (VAT) collection for the second quarter (Q2) of 2024 rose to N1.56 trillion from N781.35...
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