businesses
The Nigerian naira has plunged to a record low of N1348.63 per dollar, marking a staggering 51.21% depreciation since last Friday and raising alarm bells across the nation. This historic low defies ongoing efforts by the Central Bank of Nigeria (CBN) and the federal government to stabilize the currency, leaving many wondering what lies ahead […]
Frustration boils over as Nigerians, particularly grassroots farmers and petty traders, grapple with the ongoing cash crunch. Their once-lucrative businesses are withering under the strain, with many resorting to hiding their meager earnings outside the banking system for fear of them getting trapped. The pain extends beyond individual pockets. Small and medium-scale enterprise associations fear […]
The Corporate Affairs Commission (CAC) has announced the delisting of 91,843 companies from its registry due to their failure to submit their annual returns. This figure represents a decrease of 2,738 companies compared to the initial list of 94,581 disclosed in August 2023. This action underscores the CAC’s commitment to maintaining an accurate and compliant […]
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