Finance

GDP not enough to measure economic growth — AfDB

Dr Akinwumi Adesina, the President of the African Development Bank (AfDB), says an increase in the Gross Domestic Product (GDP) must translate to job creation for youths to ensure growth…

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FG Issues Guidelines for Transition to New Tax Regime Under Tax Acts 2025

The Federal Government has released implementation guidelines for the Tax Acts 2025, outlining the procedures…

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Voters Ready for Change, PDP Insists Ahead of Ekiti Poll

The Peoples Democratic Party (PDP) in Ekiti State has expressed confidence ahead of Saturday’s governorship…

Borrowing Is Not the Problem, Transparency Is — Peter Obi

The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has called on Nigeria…

Court of Appeal Upholds Governor Oyebanji’s Governorship Ticket

The Court of Appeal in Abuja has affirmed the candidacy of Ekiti State Governor, Abiodun…

Just for You

Balogun Nets Brace as USA Thrash Paraguay 4-1 in World Cup Opener

Former Arsenal striker Folarin Balogun scored twice as the United States kicked off their 2026…

Infantino Defends World Cup Ticket Prices As Tournament Begins

FIFA President Gianni Infantino has defended the pricing structure for the 2026 FIFA World Cup,…

UEFA Plans New ‘Swiss-Style’ Qualification Format for 2030 World Cup, Euro Tournaments

UEFA is planning a major restructuring of the qualification process for the 2030 FIFA World…

PSG Make Champions League History With Back-to-Back European Titles

Paris Saint-Germain cemented their place among European football’s elite after successfully defending their UEFA Champions…

Lasted Finance

Ondo Elections: CTA Urges INEC, Security Agencies to Tackle Vote Buying, Complicity Officials

The Centre for Transparency Advocacy (CTA) has reiterated the urgent need for the Independent National Electoral Commission (INEC) and security…

CBN reduces cybersecurity levy to 0.005% on electronic transactions

The Central Bank of Nigeria has reduced the cybersecurity levy on electronic transactions from 0.5 per cent to 0.005 per…

Naira appreciates 0.6% against dollar at official market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading…

Global stock markets plunge on US recession fears

Wall Street stocks deepened their losses Monday and Tokyo had its worst day in 13 years as panic spread across…

Foreign education forex allocation tumbles 83% — CBN

Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s…

Reconsider 70% forex windfall tax, stakeholders tell FG

Opposition to the imposition of a 70 per cent foreign exchange windfall tax on commercial banks rose yesterday with stakeholders…

FG’s deficit spending falls 29% to N2.83trn in Q1’24

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter…

NACCIMA, others kick as CBN hikes interest rate to 26.75%

The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…

CBN resumes dollar sales to BDCs, halts Naira depreciation

The Central Bank of Nigeria, CBN yesterday, announced the resumption of dollar sales to bureaux de change, BDCs, a development that reversed…

Illicit financial outflows cost Nigeria, others $50bn annually – Shippers’ Council

Nigeria and other African nations are losing $50 billion a year to illegal financial outflows, according to the Nigerian Shippers’…