Rising Food Prices Fuelling Inflation In Nigeria, Others – IMF     The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body, inflation is rising around the world,...

Banking, Insurance Stocks Drag Down Market By N83bn       The Nigerian stock market resumed the week on a bearish note as banking and insurance stocks triggered an N83.13bn loss at the end of trading on Monday. The All-Share Index of Nigerian Exchange...

Nigeria Imported Used Cars Worth N185bn In Q3, 2021     Nigeria Foreign Trade in Goods Statistics for Quarter Three, 2021has revealed that the country imported used vehicles worth N185.4bn. The Statistician-General, Mr Simon Harry who disclosed this yesterday said Nigeria’s total merchandise...

FIRS To Capture MDAs Revenue, Waivers As Taxes     The Federal Inland Revenue Service (FIRS) has disclosed that henceforth government revenue, tax waivers, import duty waivers among others will be captured as tax revenues to the Federation. The FIRS said that this...

Foreign Airlines To Cut Nigeria Flights As Sales Crash       The travel bans imposed by Canada and the United Kingdom on Nigeria passengers have hit foreign airlines operating in the country, with many of the carriers now perfecting plans to cut...

Nigeria Loses 50% Of Annual Crop Production To Pests – Fed Govt     Nigeria is losing 50 per cent of its annual crop production to the damages of pests, the Federal Government announced on Monday. The Minister of Agriculture and Rural Development,...