The International Monetary Fund (IMF) acknowledges a pause in recent requests for comprehensive debt relief from low-income debtors, including Nigeria. However, a new report casts a shadow over this apparent positive development, highlighting rising debt servicing costs as a...
The Lagos State Internal Revenue Service (LIRS) is flexing its muscle against tax defaulters, with arrest warrants already issued and executed for key executives of several companies. This aggressive action sends a clear message: Pay your dues or face...
The Egyptian superstar picked up a knock during Egypt's opening AFCON match, prompting an initial two-game absence diagnosis. However, a subsequent X-ray revealed a more significant issue, forcing Salah to withdraw from the tournament's group stage.
In a bid...
Pharaohs Claw Back from the Brink, Trezeguet Unleashes Fury, But Late Twist Keeps It Spicy!
This Africa Cup of Nations match had more twists and turns than a desert sandstorm! Just when Egypt's hopes looked buried beneath the Ivorian sand,...
Nigeria's journey in the Africa Cup of Nations continues after a hard-fought 1-0 victory against Guinea-Bissau on Monday. The win, secured by an own goal in the first half, propels the Super Eagles into the knockout stage where they'll...
Nigeria's business community is sounding the alarm as inflation wreaks havoc, with the Abuja Chamber of Commerce and Industries (ACCI) making a desperate plea to President Bola Tinubu for immediate action.
Squeezed by a staggering 33.93% food inflation rate and...
Nigerian manufacturers are battling a triple threat of soaring operating costs, weak consumer spending, and volatile foreign exchange markets, threatening to stall the sector's growth and drown profits in unsold products.
Inventory of unsold goods in the manufacturing sector rose...
The World Bank reports a groundbreaking statistic: improved internet access in Nigeria and Tanzania slashed extreme poverty by a staggering 7% over three years! This revelation comes from their recent report, "Digital transformation drives development in Africa," which also...
The Nigerian Naira enjoyed a positive Friday, gaining ground against the US dollar in both the official and unofficial markets. This welcome News, offers a glimmer of hope for improved economic stability in the country.
Parallel Market: In the unofficial parallel...
Leading commodity trading and finance company Lumiere Group International has announced the launch of EcoBoost, an enzyme-based fuel treatment designed to revolutionize environmental sustainability in Nigeria. This innovative product promises to clean engines, save fuel, and significantly reduce greenhouse...
- Advertisement -
