Nigerian leaders expressed their condolences following the tragic death of Herbert Wigwe, CEO of one of the country’s largest banks, in a helicopter crash in Southern California’s Mojave Desert. Alongside…
Browsing: Nigeria
MultiChoice has reached a settlement agreement of 35.4 billion naira (equivalent to R475 million) with Nigerian tax authorities following a dispute over alleged outstanding taxes totaling 1.8 trillion naira. At…
Nigeria anticipates a substantial increase in revenue collections this year as it implements plans to revamp its tax system, yielding positive results. The Federal Inland Revenue Service projects a 57%…
The World Bank has revised its growth outlook for Nigeria, foreseeing a robust expansion of 3.3 percent in 2024, according to its Global Economic Prospects report for January 2024. The…
Nigeria-based Riverside LNG revealed it is in talks to export gas to South Africa, which would represent the inaugural energy deal between the nations. Riverside, boasting Africa’s largest gas reserves,…
Nigeria is unlikely to fulfill its own targeted 1.58 million barrels per day production level in 2024, according to projections by two consultancies tasked by OPEC+ to independently verify output…
Nigeria’s Central Bank has once again delayed a crucial Monetary Policy Committee (MPC) meeting to decide on interest rates, coinciding with a surge in headline inflation to an 18-year high…
Nigeria is in the process of restoring power nationwide following a significant grid collapse that affected all 36 states and the capital city. The outage, which lasted approximately 10 hours,…
Africa’s most populous country, Nigeria is planning to attend the G20 summit in New Delhi next weekend, with the consideration to apply to become a member of this group of…
The country with the biggest economy in Africa, Nigeria has been working to increase its reserves and stop the decline of its currency, which has now fallen to record lows…