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Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
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Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
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Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
News

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
News

FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.
News

Governance is not rocket science, Peter Obi faults Tinubu’s policies

NDC presidential candidate Peter Obi says governance is "not rocket science," faulting Tinubu's policies and pledging unity, education and support for small businesses if elected.