Experts Predict Further Naira Devaluation In 2025
Oct 22, 2024 · Matthew Ryan, Head of Market Strategy at Ebury, forecasts further depreciation of the Naira in 2025, though less severe than the declines seen in 2023 and 2024. In an interview with CNBC Africa, Ryan highlights Nigeria’s foreign reserves, oil prices at $74 per barrel, and a narrowed gap between official and parallel market exchange rates […]
MultiChoice Talent Factory 2025 Open For Applications
Aug 13, 2024 · MultiChoice Talent Factory has revealed it’s now accepting applications for its fully funded 2025 program, inviting aspiring filmmakers, scriptwriters, producers, and storytellers to apply. If you’re a seasoned professional looking to switch your career or just starting out and you intend to add value to the TV and Film industry, the MultiChoice Talent Factory (MTF) […]
Nigeria To Reconstruct Consolidated Salary Structure
Sep 25, 2024 · The Federal Government has approved a modification to the Consolidated Public Service Salary Structure (CONPSS), effective July 24. Ekpo Nta, Chairman of the National Salaries, Incomes, and Wages Commission (NSIWC), made the statement during a press briefing in Abuja on Tuesday. Nta stated that President Bola Tinubu signed the Act after it …
Google Releases Nigeria’s 2024 Year In Search lists
Dec 11, 2024 · Google today has unveiled the findings of its 2024 Year in Search for Nigeria, showcasing the most popular searches, notable individuals, actors, musicians, topics, questions, and other subjects that captured Nigerians’ attention during the course of the year. Google’s Year in Search is an ...
Federal Government Set To Gradually Raise VAT To 15%
Oct 24, 2024 · The Federal Government is preparing to gradually increase the Value Added Tax (VAT) rate from 7.5% to 15%, aiming to improve domestic revenue collection and bolster public finances. According to a document from the Ministry of Finance, the government plans to address its revenue challenges by expanding the tax base and tightening compliance, particularly with […]
IMF Projects Nigeria’s Economy To Grow By 3.2% In 2025, Inflation …
Oct 23, 2024 · The International Monetary Fund (IMF) has forecasted that Nigeria’s economy will grow by 3.2% in 2025, while inflation is expected to decrease to 25% that same year. This was revealed in the IMF’s latest World Economic Outlook (WEO) report, which also projects global economic growth to remain steady at 3.2% in 2025, unchanged from 2024. […]
Nigerian Films Lead Box Office, Surpass Foreign Titles In 2024
Nov 7, 2024 · Nigerian films now dominate the box office, holding 50.4% of total revenue in 2024—an impressive shift that edges out foreign film earnings, according to veteran actor Dr. Patric Doyle.
AIICO Insurance Projects N2.4 Billion Profit In Q1 2025
Dec 11, 2024 · AIICO Insurance Plc has announced plans to achieve a profit after tax of ₦2.419 billion from continuing operations in the first quarter of 2025, as outlined in its regulatory filings.
FG Approves 2025-2027 MTEF, Sets 2025 Budget at N47.9tn
Nov 15, 2024 · The Federal Executive Council (FEC) has approved the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for 2025–2027, proposing a budget of N47.9 trillion for 2025.
ExxonMobil Set To Invest $10 Billion In Nigeria’s Offshore Oil ...
Sep 27, 2024 · The Federal Government has welcomed ExxonMobil’s plans to invest $10 billion in Nigeria’s deep-water (offshore) oil activities. This was stated by Nigeria’s Vice President, Kashim Shettima, at a meeting with ExxonMobil officials on the margins of the current 79th Session of the United Nations General Assembly in York, United States.