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Business
CAC deploys e-Platform for LLP registration
The Corporate Affairs Commission (CAC) has deployed an electronic platform for registration of Limited Liability Partnerships (LLPs) and Limited Partnerships (LPs) to further boost and diversify the nation’s business environment.
The…
Nigeria spends 2% of GDP on fuel subsidy in 2021- World bank
The World Bank has stated that Nigeria spends $4.5 billion on fuel subsidy, indicative of 2% of GDP or 35% of oil and gas revenue.
This was disclosed by the World Bank in the November 2021 edition of its Nigeria Development Update tagged…
Digital Service Exportation: Nigeria to benefit $4 trillion – NITDA
The National Information Technology Development Agency, NITDA and Nigerian Export Promotion Council, NEPC have forged an alliance that could enable the country to benefit $4.7 trillion from the exportation of digital services.
This…
Nigeria partners with Israel in investment development
Acting Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Mr Emeka Offor has reiterated the Commission’s commitment in exploring all viable options that can attract, grow and position the country as an investment…
COVID 19: Oil dips for 5 consecutive weeks
The black liquid benchmarks had one of their worst weekly performances last week with both contracts losing over $10 a barrel on Friday, representing their largest one-day drop since April 2020.
Both benchmarks were set to reverse their…
El Salvador buys bitcoin again amid market sell-offs
The President of El Salvador, Nayib Bukele took to Twitter to announce that his nation has bought the dip to the tune of 100 BTC, amid market sell-offs exasperated by a new strain of the COVID-19 virus, which is reportedly…
NGX: Market ends Week Positive
Equities trading on the floor of the Nigerian Exchange Limited, NGX ended the week with a marginal gain, despite having three days consecutive decline out of the five trading days of the week.
The NGX All-Share Index and Market…
CBN to establish International Financial Centre at Eko Atlantic City
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that the apex bank would set up an International Financial Centre at the Eko Atlantic City by the second quarter of 2022, for investors seeking to invest in critical…
Regions to focus on specific products, services in AfCFTA
The National Action Committee on African Continental Free Trade Area (AfCFTA) says it has achieved its objective of ensuring that regions will focus on specified products and services to enhance Nigeria’s trade in the AfCFTA.
The Senior…
Finance Ministry presents draft Service Delivery Charter
The Nigerian Ministry of Finance, Budget and National Planning has presented a draft integrated Service Delivery Charter to stakeholders, customers and clients to brainstorm on how to improve service delivery in the Nigeria's Public sector.…