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Day: July 6, 2023

IMF Urges Governments to Address Crypto Tax Challenges
Business News

IMF Urges Governments to Address Crypto Tax Challenges

Web AdminJuly 6, 2023July 6, 2023
The International Monetary Fund (IMF) has emphasized the potential for generating value-added taxes (VAT) and income tax from crypto assets, stating that countries like Nigeria could have benefited from significant...
Naira Gains Ground as Dollar Rate Dips to N742.31/$1
Business News

Naira Gains Ground as Dollar Rate Dips to N742.31/$1

Web AdminJuly 6, 2023July 6, 2023
The Nigerian naira exhibited strength against the United States dollar as the naira to dollar rate closed trading at N742.31/$1 on Wednesday in the investors' and exporters' window of the...
NCC Highlights Impressive Growth: Telecom Sector Contributes N10.126 Trillion to Nigeria’s GDP in 2022
Business News

NCC Highlights Impressive Growth: Telecom Sector Contributes N10.126 Trillion to Nigeria’s GDP in 2022

Web AdminJuly 6, 2023July 6, 2023
The Nigerian Communications Commission (NCC) has revealed that the telecommunications sector continues to be a significant contributor to Nigeria's economy, making a substantial quarterly sectoral contribution to the nation's Gross...
Fitch Ratings Envisages Potential Upgrade for ENG’s National Ratings Amid Improved Creditworthiness
Business News

Fitch Ratings Envisages Potential Upgrade for ENG’s National Ratings Amid Improved Creditworthiness

Web AdminJuly 6, 2023July 6, 2023
Fitch Ratings, the international rating agency, has indicated the potential for an upgrade of ENG's National Ratings as it observes an improvement in the company's creditworthiness relative to other Nigerian...
Mobile Industry Sees Decline in Subscriptions, MTN’s Database Shrinks by 3 Million
Business News

Mobile Industry Sees Decline in Subscriptions, MTN’s Database Shrinks by 3 Million

Web AdminJuly 6, 2023July 6, 2023
Nigeria's leading mobile operator, MTN, experienced a significant decline in its subscriber base, resulting in a 3 million decrease in the total industry database. This brought MTN's active subscriptions down...

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Nigeria Spends $2.93bn on Eurobond Servicing Under Tinubu, 83% Goes to Interest — DMO Data

Dangote Refinery Debunks Viral Video Claiming It Delivers Petrol Through Dispatch Riders

Tyre Burst Disrupts Flights at Abuja Airport, Normal Operations Resume

UNICEF, EU, and Oyo Govt to Enrol 250,000 More Vulnerable Households into Social Register

African Nurses and Midwives Launch World’s First AI Movement for Migrant Women

Open Startup Launches Fifth DeepTech Accelerator to Boost African Innovation

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Turkish Investors Eye Agriculture, Textiles, and Manufacturing in Abia

National Quality Conference, Awards Shifted to March 2026

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