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Business and Economy

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...

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...

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...

How multiple haulage taxes, institutionalised extortion hiked cost of food in Cross River

By Tina Agosi TODO This report looks at how multiple taxations, and institutionalised extortion from non-state actors, including touts and...
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