Dollar Demand for Education, Health in Nigeria Hits $1.8bn in Nine MonthsÂ
The Central Bank of Nigeria dollar supply for foreign educational and health-related expenses rose by 49.22 percent to $1.81 billion in the nine months spanning January to September 2023.
According to CBN data, Nigeria’s...
Naira Depreciates, Loses 0.64% to Dollar at Official Market
The naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM),...
Tinubu Approves Consumer Credit Scheme to Facilitate Crucial Needs, OthersÂ
President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme.
Presidential spokesman, Ajuri Ngelale, in a statement Wednesday, said the scheme was expected to assist citizens enhance their quality of...
Digital Economy: 21 African Countries Enact Tax Laws on Electronic Services - PwC
Twenty-one African countries have enacted rules for non-resident suppliers to account for value-added tax, goods, and sales tax on electronically supplied services, a new report by PwC has revealed.
According to the report,...
Bloomberg Ranks Dangote Refinery Over Europe’s Big Producers
The Dangote refinery has been ranked above the 10 biggest refineries in Europe because of its capacity, according to data compiled by Bloomberg.
The $20bn Dangote refinery can refine 650,000 barrels of petroleum products per day.
The report stated...
