INSTANT NEWS

 In September 2023, Nigeria witnessed a significant rise in its headline inflation, which increased by 0.90 percent, reaching 26.72 percent, compared to the 25.80 percent recorded in August of the same year. This data, unveiled in the September Consumer Price Index report by the National Bureau of Statistics (NBS), reveals a concerning trend in the country's...

 Taiwo Oyedele, Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, has suggested the suspension of Value Added Tax (VAT) on diesel as a measure to alleviate the economic repercussions stemming from the elimination of fuel subsidies. Oyedele made this proposal during an appearance on Channels Television's Sunrise Daily breakfast program...

 In recent years, Nigeria has increased its agricultural produce exports to Europe, America, Asia and other African countries. Exporting agricultural products now accounts for almost 80% of Nigeria's total exports, with a total of N598.2bn worth of agricultural products exported in 2022 alone. This figure accounts for an 18.5% increase compared to 2021. Europe...

 The Global Voice Group (GVG) has announced its plans to address the issue of global revenue loss to fraud in the telecom industry, which currently amounts to $39.89 billion. As a major provider of IT solutions to governments and regulatory authorities, GVG will discuss and offer actionable solutions to telecom companies at the 2023 RegTech Africa Conference....

Cars 1960 Limited boasts of its services in Nigeria and shares the following facts that make them the best in the nation.They have made known;Cars 1960 is the best car auction company in Nigeria with experience spanning over a period of 2 decades.Our increase in customer base is an index factor to our quality services and acceptability. At Cars1960 customer...

The world’s largest crude distillation column equipment designed for crude oil processing for Dangote refinery on Sunday arrives Lagos. The Crude Distillation Column is the largest in terms of distilling capacity which is 650 thousand barrels per stream day. Presently, this is the world’s largest single-train refining Column. The significant equipment ...

Zenith Bank Plc,  GTBank Plc, Access Bank, First Bank of Nigeria, Citibank Plc and 15 others have disbursed N610.4 billion for 593 projects in the Central Bank of Nigeria’s Commercial Agriculture Credit Scheme (CACS), CBN’s third quarter (Q3) 2019 economic report revealed. According to the report, while Zenith Bank disbursed N123.91 billion, UBA...