Economy
It’s always about the economy, stupid…
Next Level: Buhari Gov’t To Introduce 5% Value-Added On Online Shopping
Mixed reactions have trailed the proposed plan by the Federal Government to slam a five per cent Value Added Tax, VAT, on goods bought...
Australia Considering To Ban Cash Transactions Over $10000 AUD
The decision is currently being considered by the Australian lawmakers. This bill would ban any transactions amounting to AUD$10000 or more that are made...
Fuel Scarcity Looms As NUPENG Issues 7-Day Strike Notice
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Wednesday, July 31, 2019, issued a seven-day strike notice to the Federal Government to...
Nigerian Banking Industry Loses N15.15 Billion To Fraud In 2018
The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 per cent when compared to the N2.37...
Central Bank To Recall Naira Notes From Circulation To Advance Cashless Policy
The Central Bank of Nigeria, CBN, on Thursday, June 27, 2019, said it would soon reduce much of the currency in circulation in order...
The Ups And Downs Of The Online Slot Gambling Boom In Africa
Gambling industry "captured" the largest countries and continents. Now, it is looking for new goals and Africa is a perfect aim. According to PricewaterhouseCoopers,...
‘$25 Billion Fund Coming Home From Nigerians Abroad Exceeded Oil Earnings In 2018’
Concerned about the stagnated state of the nation’s economy marred with inconsistent foreign exchange earnings through oil export, the Association of Bureaux De Change...
New Nigerian Emigration Is Bad For Online Casino And Other High Tech Nigerian Industries
A new wave of emigration of Nigeria’s middle class is depleting the oil-rich West African nation of skills needed to build up its online...
Dangote Says This Economic Factor Will Get Nigeria’s Economy Working Again
Aliko Dangote, the president of the Dangote Group, says the availability of consumer credit facility is an important option in lifting the country's economy...
Thieves Stealing 100,000 Barrels Of Crude Oil In Nigeria Per Day
Oil theft has replaced the activities of militants, costing the nation trillions of naira, according to a report by Bloomberg.
The report showed that between 2014...
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BREAKING: Tribunal Sacks Dino Melaye As Kogi West Senator, Orders New Election
An election petition tribunal sitting in Lokoja, the Kogi State capital, set up for the senatorial election in Kogi West Senatorial district has sacked...
