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Nigeria’s private capital inflows hit $6bn as reforms gather pace — W/Bank

Nigeria’s private capital inflows hit $6bn as reforms gather pace — W/Bank

•Tax-to-GDP ratio rises to 12.5% from 7% — Oyedele By Emma Ujah, Abuja Bureau Chief Nigeria’s private capital inflows have surged nearly 20-fold to almost $6 billion in 2026 from about $300 million in 2023, President of the World Bank Group, Mr. Ajay Banga, has said, just as the Federal Government (FG) said it has […]

LCCI proposes 20% petrol price cut in 6-month programme

LCCI proposes 20% petrol price cut in 6-month programme

By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has proposed a six-month petrol price reduction programme targeting a 15 to 20 per cent cut in pump prices to ease the burden of high energy and transportation costs on Nigerian businesses and households. In a statement, Director-General of LCCI, Dr. Chinyere Almona, said […]

‘Zamfara creates conducive business environment for all’

‘Zamfara creates conducive business environment for all’

The Zamfara State Commissioner for Commerce, Industries and Tourism, Tasi’u Musa Shinkafi, assured the Non-Indigene Community in the state of his ministry’s readiness to support genuine investors and create an enabling environment for businesses to thrive. He gave the assurance when a delegation of the Non-Indigene Community in Zamfara State, led by its Grand Patron, […]