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Home » ECONOMY » Page 30

Category Archives: ECONOMY

Imported Rice Price Jumps By 114% In One Year – NBS 

Posted on November 5, 2024November 5, 2024 by GISTSMATE MEDIA

The average price of imported high-quality loose rice has risen by 144.77 per cent over the past year, according to […]

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Nigeria’s Debt Service-To-Revenue Ratio Drops 32% In 17 Months – Tinubu

Posted on November 4, 2024November 4, 2024 by GISTSMATE MEDIA

President Bola Tinubu on Monday announced that Nigeria’s debt service-to-revenue ratio has decreased from approximately 97 per cent when he […]

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Forex: FG Gives 9 Months Grace To Those Keeping Dollars Outside Banking System 

Posted on November 1, 2024November 1, 2024 by GISTSMATE MEDIA

Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed a new government policy that would permit […]

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FULL LIST: Firms That Left Nigeria From 2020 To 2024 Over Economic Challenges

Posted on October 30, 2024October 30, 2024 by GISTSMATE MEDIA

In recent years, Nigeria has witnessed an increasing trend of multinational and local companies shutting down or relocating their operations […]

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Fuel Supply To Increase As FG Grants Licenses For Companies To Operate Refineries In Nigeria

Posted on October 29, 2024October 29, 2024 by GISTSMATE MEDIA

Nigeria’s fuel supply is set to increase as the Federal Government, through the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) […]

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Ghana To Import Petroleum From Dangote Refinery – Official

Posted on October 29, 2024October 29, 2024 by GISTSMATE MEDIA

The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost […]

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BREAKING: NNPC Increases Fuel Price Again (See New Prices)

Posted on October 29, 2024October 29, 2024 by GISTSMATE MEDIA

GISTSMATE MEDIA reports that the Nigeria National petroleum company (NNPC) has increased fuel prices in the country. The increase, which […]

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FLASH: No Deadline For Circulation of Old Naira Notes – CBN Debunks Report

Posted on October 25, 2024October 25, 2024 by GISTSMATE MEDIA

The central Bank of Nigeria on Thursday, October 24, debunked reports that the old naira notes of N200, N500 and […]

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FG Plans To Progressively Raise VAT Rate To 15% – Report

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%. […]

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FLASH: Reps Considering Increasing Derivation To 50 Percent

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

The House of Representatives is considering a constitutional amendment bill aimed at increasing the derivation fund from the current “not […]

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