60 million Nigerians spend $5.5m daily on gambling, SEC raises alarm on fading investment culture
The Securities and Exchange Commission (SEC) has revealed that more than 60 million Nigerians gamble every day, spending about $5.5 million in total.
The Securities and Exchange Commission (SEC) has revealed that more than 60 million Nigerians gamble every day, spending about $5.5 million in total.
President Bola Tinubu has reportedly approved a 15 per cent import duty on diesel and premium motor spirit (PMS), also known as petrol. Naija News learnt that the private secretary to the president, Damilotun Aderemi, conveyed Tinubu’s approval to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Breaking: Tinubu Approves 15% Import Duty On Petrol, Diesel Read More »
Political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, said the recent elections held in
The Lagos State Chapter of the All Progressives Congress, APC, on Thursday noted the latest outburst from the Senior Special Assistant on Public
British entrepreneur Richard Branson vowed Thursday to “shake up” cross-Channel train services after regulators approved a key bid by his Virgin Group to share an east London depot with Eurostar. Although the tunnel is only used at about 50 percent capacity, previous rival bids for a new Channel service have hit hurdles including regulation and
Branson’s Virgin moves closer to launching Eurostar rival Read More »
The sharp rise in cooking gas prices across Nigeria is posing a serious threat to the country’s clean energy transition
Cooking gas price surge threatens Nigeria’s clean energy transition goals Read More »
The Nigerian Medical Association says it will commence monthly psychiatric evaluation for all prison inmates across the country from November 2025.
NMA to begin monthly psychiatric checks for inmates Read More »
The African Democratic Congress (ADC), Kaduna State Chapter says Senator Nenadi Esther Usman and Bashir Saidu are leaders of the coalition in the state
Kaduna: Nenadi Usman, Bashir Saidu leaders of coalition Read More »
The naira has appreciated to a 10-month high amid rising foreign inflows, external reserves surpassing $43 billion, and renewed investor confidence.
Naira rises to highest level in 10 months as dollar exchange rate crashes Read More »
The controversy surrounding the new tax law, which is primarily driven by public non-comprehension of its workings, has led Nigerians to co
Explainer: What to know about the Double Taxation Agreement Read More »