[ad_1] The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that Nigerian businesses are shouldering an estimated $3.5 billion annual tax burden in foreign currency, exacerbating the
[ad_1] The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This is according to the latest edition of Africa’s Pulse, a new report by the World Bank. As
[ad_1] The World Bank has approved a $500-million grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic. The funds will be utilised through the Nigeria Community Action for Resilience
[ad_1] The national electricity grid collapsed again on Tuesday, plunging millions of people into darkness. The latest incident comes barely 24 hours after electricity distribution companies across the country announced the grid collapsed
[ad_1] Russia’s Defence Minister Andrei Belousov and Burkina Faso’s prime minister, Apollinaire Kyelem de Tambela, discussed expanding military ties on Tuesday, in Moscow, the Russian defence ministry said. Moscow has been pursuing a
[ad_1] Nigerian billionaire and Chief Executive Officer of the Dangote Refinery, Aliko Dangote, has disclosed that his $20 billion refinery was built without receiving any incentives from the Federal Government. He, however, noted
[ad_1] Ambitious fiscal reforms being spearheaded by the Federal Government in the oil sector of the Nigerian economy have attracted more than $50 billion in investments for the country. Remarkably, one of the
[ad_1] The High Commissioner of the Republic of Namibia to Nigeria, Ambassador Humphrey Gieseb, has declared his country’s interest to partner with Nigeria in growing the country’s elephant population. In exploring the global theme
[ad_1] The Ford Foundation, MacArthur Foundation, Luminate, and Open Society Foundation have launched a $20 million West Africa Democracy Fund (WADF) to strengthen democracy across the region. The fund targeted at supporting West
[ad_1] A civil society organisation, Yiaga Africa, says some of the recent local government elections held across the country failed election integrity tests. It also announced plans to release a comprehensive report on
