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BREAKING: Inflation rate jumps to 11.98% as border closure drags on

Inflation, Nigeria,
Nigeria’s inflation rate rose year on year from 11.44% as at the end of 2018 to 11.98% by December 2019. This was disclosed in the latest inflation report released by the National Bureau of Statistics (NBS).

MTN wins data war, as 1.88 million subscribers dump Glo, 9mobile 

MTN and GLO logo
The battle for a greater data market share among Telcos in Nigeria continues to heighten, as Nigeria’s largest mobile telecommunication company, MTN, led the pack, second month in a row. Operators in the industry showed no signs of relenting on their efforts to outsmart each other for market share in the industry

Breaking: Buhari Signs into law 2019 Finance Bill

Buhari: signs the minimum wage bill into law
President Muhammadu Buhari has signed in to law the finance bill of 2019 sent to him for his assent by the country's lawmakers.

Dangote reveals secret steps to success in business

Alhaji Aliko Dangote
Africa's richest man and President of Dangote Industries, Aliko Dangote,  has disclosed secret steps every black and white man should take toneeded to be...

StarTimes bags FA cup broadcast rights

StarTimes
StarTimes has acquired broadcast rights for the Emirates FA cup in Sub-Saharan Africa from January 4 th 2020, the company revealed at the weekend.

Air Peace to Buhari’s Govt: Bar foreign airlines from domestic operations

Air Peace airline
Air Peace has asked the President Muhammadu Buhari-led Federal Government to prevent foreign carriers from operating domestic flights in the country.

Buhari sacks Fowler, appoints Muhammad Nami as FIRS boss

Federal Inland Revenue Service (FIRS)
President Muhammadu Buhari has literally sacked Babatunde Fowler as the chairman Federal Inland Revenue Service (FIRS).

BREAKING: CBN mulls LDR increase to 70%

CBN Gov. Godwin Emefiele
The Central Bank of Nigeria (CBN) is reportedly set to increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020.

How the Chinese are taking over Nigeria’s economy

Buhari and Chinese President, envoys
With an estimated approximated 203.42 million population and growing at over 2% per annum, Nigeria ranks the seventh-largest country in the world. The nation represents over 70% of the effective West African market, as Nigeria remains the most competitive destination for the establishment of medium and large manufacturing industries.

FG reduces N50 stamp duty charge to transactions above N10,000 

stamp Duty, Bank, charges, PoS,
The Nigerian government led by President Muhammadu Buhari has reduced its policy on stamp duty charges levied on electronic payments above N1000.