Nigeria Airfares Surge by 18.03% in February 2024: NBS Report
Air travel costs in Nigeria have seen a significant increase, with the average airfare for specified routes rising by 18.03% […]
African Business News
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City Commuters Experience 46.98% Increase in Average Fare; Intercity Bus Journeys Up 75.48%
The latest Transport Fare Watch report from the National Bureau of Statistics reveals a significant increase in the average fare
Dollar crash: Pressure mounts on FX hoarders to sell off
March 24, 2024 The pressure on individuals, banks and Bureaux de Change (BDC) operators to offload their excess dollars and other foreign
Nigerian tax laws allegedly violated by Binance
March 25, 2024 The Federal Inland Revenue Service (FIRS) has filed criminal charges against Binance, a renowned cryptocurrency exchange platform. The lawsuit,
Binance Employee Escapes Custody in Nigeria Amid Tax Evasion Allegations
Binance, a leading cryptocurrency platform, is facing a major crisis as one of its key employees, Nadeem Anjarwalla, has reportedly
Cooking Gas Prices Surge: 12.5kg Cylinder Up 46.88% Year-on-Year
The cost of cooking gas has skyrocketed, with a 46.88% increase in the price of a 12.5kg cylinder of Liquified
Nigerian Government vs Binance: Exec Escapes Custody Amid Tax Evasion Charges
In a dramatic turn of events, Nadeem Anjarwalla, a top executive at the cryptocurrency platform Binance, has reportedly escaped from
Federal Government Files Tax Evasion Lawsuit Against Binance Crypto Exchange
The Nigerian government has taken a bold step in cracking down on tax evasion by initiating legal action against Binance,
Nigerian Government Requires NIN Linkage for N50,000 Grant Scheme
The Nigerian Federal Government has recently made an important announcement regarding the Presidential Conditional Grant Scheme, which aims to provide
Protecting West African Telecom Infrastructure: NCC Urges Unified Effort
The Federal Government is calling for a united effort among West African nations to safeguard shared telecommunications infrastructure following a
N900-N1200/$ exchange rate would be fair value-Moghalu
March 24, 2024 A Professor of Economics and former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu,
African Business News
Diesel Price Watch: Average Cost Surges by 50.20% Amid Economic Hardship
The cost of diesel fuel has skyrocketed by over 50% in the past year, adding to the economic woes faced