Economy

By John Ikani South Africa’s unemployment rate climbed to its highest level on record in the first quarter. According to stats released by Quarterly Labour Force Survey (QFLS), the number of unemployed people in the country...

By John Ikani Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field license by the Department of Petroleum Resources, DPR, on Monday. Marginal fields are...

Data posted on the FMDQ Security Exchange where forex is officially traded revealed that the naira remained stable against the U.S dollar at the Investors and Exporters (I&E) window on Monday. The Nigerian currency also remained...

  By Chioma Iruke   The Nigerian Content Development and Monitoring Board (NCDMB) has stated that Nigeria has invested up to $5billion to build local content.   This revelation was made on Monday by the Executive...

  By Chioma Iruke   Nigeria’s commercial city, Lagos State, raked in N418bn as tax revenues in 2020, despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said.   A statement issued...

  By Chioma Iruke   Private plane owners would be subjected to fresh verification exercises for documentation, as the Nigeria Customs Service (NCS) raises concerns of tax evasion.   This was even as the Service also...