Latest Economic News
China Approves New Value-Added Tax Law, Effective January 2026
China has officially approved a new Value-Added Tax (VAT) law, which will…
Naira hits back on Euro at black market, sells for N1,690/€
The Nigerian naira posted strong gains against the European currency at the…
Naira Surges Below N2,000 Against the Pound for the First Time in Five Months
The Nigerian naira has broken new ground by trading below N2,000 to…
Costly World Bank loans behind tax reforms rush
For those querying the rationale behind the rush to pass the tax…
Naira appreciates to N1,600/$ at parallel market — best in four months
The naira appreciated to N1,600 to the dollar at the parallel section…
Shareholders Blame Holcim’s Exit From Nigeria On Economic Challenges
Swiss cement giant Holcim’s decision to exit the Nigerian market after 65…
Union Bank Appoints Mr. Bayo Adeleke as New Board Chairman
Union Bank of Nigeria PLC has announced the appointment of Mr. Bayo…
Zulum Claims Tinubu’s Tax Reform Bills Will Only Benefit Lagos
Borno State Governor, Babagana Zulum, on Sunday, expressed concerns that the proposed…
Swiss cement maker Holcim exits Nigeria, sells business to Chinese firm
Swiss cement maker Holcim will exit its Nigerian business through the sale…
Naira rises to N1,755/$ in parallel market
The Naira yesterday appreciated to N1,755 per dollar in the parallel market…