Trending
FG Unveils $100bn Creative Economy Growth Plan, Targets 2 Million Jobs
Economy Market Trending

Nigeria’s VAT Revenue Climbs 9% in Q2 2024, Hits ₦1.56 Trillion

The Federal Government’s revenue from Value Added Tax (VAT) hit a new high in the second quarter of 2024, reaching ₦1.56 trillion. This represents a 9% increase from the ₦1.43 trillion recorded in the first quarter, marking a significant rise in VAT contributions across various sectors of the economy. According to the National Bureau of […]

Read More
Fintech News Trending

NANS Calls for Immediate Reversal of N50 Fintech Transfer Levy as September 9 Deadline Hits

The National Association of Nigerian Students (NANS) has raised its voice against the newly introduced N50 Electronic Money Transfer Levy (EMTL), which is set to take effect from September 9, 2024. This levy mandates a deduction of N50 for every electronic transfer of N10,000 and above through fintech platforms like OPay and Moniepoint. In a […]

Read More
Decline in NNPC Dividends to Federation Account After Petroleum Industry Act Implementation
Business News Trending

NNPC Clarifies Role in Dangote Refinery Operations Amid MURIC Claims

In light of growing concerns regarding the relationship between the Nigerian National Petroleum Company Limited (NNPC Ltd) and the Dangote Refinery, the NNPC has issued a formal clarification to dispel rumors about its involvement in the refinery’s product pricing and distribution strategy. The concerns, raised by the Muslim Rights Concern (MURIC), suggest that recent changes […]

Read More
Business Trending

China-Africa Summit: Xi Jinping Promises $51 Billion and a Million Jobs for Africa’s Growth

At the Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, Chinese President Xi Jinping announced a massive $51 billion in fresh funding to support African development over the next three years. The funding is aimed at boosting infrastructure, job creation, and trade across the continent. Xi Jinping addressed over 50 African leaders and key international […]

Read More
Business Business News Finance Popular Trending

The DR Congo’s digital innovation: Can Kenyan companies help?

The latest stop for Nairobi’s hardy tradespeople and financiers is Kinshasa in the Democratic Republic of the Congo. If everything works out, the new partnership might spur digital innovation in Central Africa and benefit the IT industries in East Africa. Although the Democratic Republic of the Congo (DRC) joined the East African Community (EAC) only […]

Read More
Spotlight Trending

5000 African youth share stories as PIN celebrates 15 years of impact

Today, Paradigm Initiative (PIN), a leading pan-African organization for digital rights and inclusion, celebrates 15 years of improving the lives of over 5,000 underprivileged African youth by providing them with better livelihoods through digital opportunities and the protection of their online rights.PIN has contributed significantly to Internet Freedom for more than eight years by making […]

Read More
X