Federal Government to introduce new tax laws by September, targets regulation of cryptocurrency industry
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, announced that the Federal Government is set...
Over 90% of Nigerians say they are living in an economic recession- Report
A new report has revealed that up to 93% of Nigerians think that they are living in an economic recession...
Consumer Goods Companies report reduced margins in the first half of 2024, blame higher production
Consumer goods companies listed on the Nigerian Stock Exchange (NGX) reported a significant uptick in their cost of production in...
Over 16,000 hectares of farmlands in 27 states destroyed by recent floods- NEMA
The National Emergency Management Agency (NEMA) has stated that the recent floods across the country have damaged up to 16,488...
Nigeria’s inflation rate drops for the first-time in 19 months, at 33.40% in July
Nigeria’s headline inflation rate decreased to 33.40% in July 2024, down from 34.19% in June 2024. This marks the first...
Customs lists conditions for companies seeking to participate in duty-free food import
The Nigeria Customs Service (NCS) has unveiled requirements for companies seeking to participate in the duty-free food importation program as...
Nigerian Manufacturer’s CEO economic confidence index drops in Q2, 2024
The Confidence Index of the Chief Executive Officer (CEO) of the Manufacturers Association of Nigeria (MAN) fell to 51.9% in...
Nigeria’s Purchasing Managers’ Index contracts for the 13th consecutive month – CBN
The Central Bank of Nigeria's (CBN) Purchasing Managers' Index (PMI) report for July indicates a continued contraction in economic activities,...
Half of poultry farms in Oyo state have shutdown – Association’s Chairman
The Chairman of the Poultry Association of Nigeria (PAN), Oyo State chapter, Mr. Omidokun Oyekunle, has revealed that nearly half...
Inflation: FMCG transaction volume in Nigeria declines by 17.4% in 2024 – Report
The latest report by NielsenIQ has revealed that the Nigerian Fast-Moving Consumer Goods (FMCG) market has seen a 17.4% decline...
