FG Spent $894m To Service Foreign Debts From January To April 2023 - CBN   Data released by the Central Bank of Nigeria (CBN) has revealed that the federal government spent $894 million to service foreign debt obligations from January to April 2023. The export and international...

Mobile Banking Rises By 230% In January   Nigeria’s mobile banking usage surged by 230.72 per cent year-on-year in January 2023 according to data from Nigeria Interbank Settlement System, despite multiple reported failures. The leap in the use of banking apps and mobile gateways is traceable to...

Investors Earn N2trn On Nigerian Equities In January Investors in Nigerian equities earned more than N2 trillion in net capital gains last month, as the Nigerian stock market extended its bullish rally into the third consecutive year. Nigerian equities closed yesterday with average year-to-date return of...

LIRS Fixes January 31 As Deadline For Filing Tax Returns The Lagos State Internal Revenue Service (LIRS) has called on taxpayers to file their last year’s tax returns before or on January 31, 2022. “The agency reminds businesses and employers of labour of their statutory obligation...

Airfares May Rise As New Aviation Handling Rates Begin January 1     After an initial delay, the Federal Government through the Nigeria Civil Aviation Authority (NCAA) has finally approved a discount of 25 percent on new handling charges as requested by the ground handling companies fuelling...

Petrol Imports Rose By 100m Litres In January – NNPC       Latest figures in the financial and operations report of the Nigerian National Petroleum Corporation have shown that the imports of Premium Motor Spirit (or petrol) by the NNPC rose by 100 million litres following the...