Economy
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Enugu begins payment of gratuities to retirees
The Enugu State Government has commenced the payment of gratuities to workers in the state civil service, who retired from…
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Tax reform bills: Reps adopt 7.5% VAT, reject increase to 15%
Abuja — The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase…
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Anambra awards N4.6bn contracts for infrastructure upgrade
Awka—The Anambra State executive council has awarded eight contracts for infrastructure upgrades in various parts of the state. Details of…
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Import bills on used vehicles fall 65% to N354.8bn
As economic hardship bites harder, importation of used vehicles has recorded a significant decline with diesel or semi-diesel engine, of cylinder…
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Naira down to N1,585/$ in parallel market
The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,565 per dollar on Tuesday. Similarly, the…
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Minister lauds Moniepoint’s roles in Nigeria’s fintech ecosystem
The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has lauded Moniepoint’s role in the nation’s financial technology (fintech) ecosystem describing…
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Pension Funds’ investment in infrastructure grows by 54.1% to N242.2bn
Pension Funds’ investment in infrastructure grew by 54.1% YoY to N242.243 billion in 2024 from N157.230 billion in 2023, indicating increased participation…
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Union Bank rewards 452 customers in UnionKorrect draws
Union Bank has rewarded 452 UnionKorrect account holders with over N21 million during draws held at its Douglas Road Branch in…
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Most markets in retreat as Trump-fuelled economy fears build
Asian markets mostly fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as…
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UNN VC tasks SEDC on collaboration to transform Southeast
ABUJA – The Acting Vice-Chancellor of the University of Nigeria, Nsukka (UNN), Prof. Oguejiofo T. Ujam, has called for collaboration…
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