…expected to hit 80% at year end •Borrows 17.4trn in 10mths, as domestic borrowing escalates •Experts warn of debt crises, crowding out of private sector •Urge FG to cut waste, enforce fiscal discipline •Say rising debt burden threatens jobs, business growth, and cost of living By Babajide Komolafe, Economy Editor & Peter Egwuatu, Asst. Business […]

By Peter Egwuatu  The Nigerian Exchange (NGX) ended trading, last week, on a weaker note extending the bearish trend as investors continued profit taking and cautious repositioning across major sectors. The negative performance, according to analysts, reflected renewed sell pressures across the banking, consumer goods, and industrial goods sectors, as investors reacted to mixed earnings results […]

The most advisable way to make more money from the dividends (returns) is to invest them in a mutual fund, especially a fixed-income mutual fund.

By Luminous Jannamike ABUJA – The Federal Inland Revenue Service, FIRS, will on Monday, officially unveil the Nigeria Tax Reform Acts at a strategic stakeholder engagement session in Abuja. The event is expected to mark a major shift in the country’s economic policy as the government moves to simplify the tax system and improve revenue efficiency. […]

Running a small business often means needing expensive tools, machines, or vehicles to keep things moving. Whether it’s a restaurant oven, a construction bulldozer, or a medical scanner, the cost of this equipment can be overwhelming. Instead of paying everything up front, many owners turn to an equipment loan to spread payments over time. This guide explains how equipment loans work, their pros and cons, and how you can apply for one to grow your business.