Nigeria’s inflation rate climbed to 34.8% in December 2024, up from 34.6% in November, driven by…
Business
GSK Acquires IDRx for $1.15bn to Advance Rare Cancer Treatment Development
In a significant move to enhance its oncology portfolio, British pharmaceutical giant GlaxoSmithKline (GSK) announced on…
FCCPC, NCC Sign MoU to Boost Consumer Protection, Fair Competition
Kehinde Fajobi The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC)…
OPEC Report Shows Nigeria’s Oil Gains in November
Kehinde Fajobi Nigeria’s daily oil production rose by 152,000 barrels per day (bpd) in November 2024,…
LIRS Reminds Employers to File 2024 Tax Returns by January 31
The Lagos State Internal Revenue Service (LIRS) has reminded all employers in the state to file…
FG Reaffirms Commitment to Strengthening Nigeria’s Capital Market
The Federal Government has reaffirmed its commitment to strengthening Nigeria’s capital market as a critical driver…
Inflation Projected to Decline to 27.1% by December 2025 — Report
Kehinde Fajobi Nigeria’s headline inflation is projected to average 30.5% year-on-year in 2025, declining to 27.1%…
CREDICORP, Page Financials Launch Affordable Loan Initiative for Nigerians
In a significant move aimed at alleviating financial challenges and fostering economic growth, the Nigerian Consumer…
CBN Halts Approvals for Export Proceeds Repatriation Extensions
The Central Bank of Nigeria (CBN) has announced the immediate suspension of approvals for the extension…
Nigeria Partners Global Lessors to Strengthen Domestic Airline Fleet Renewal
Kehinde Fajobi The Federal Government is enhancing collaborations with global lessors and financiers to promote domestic…