ECONOMY Archives - The Cheer News

Governors Demand Withdrawal of National Tax Reforms Bill, Sparking Controversy Over Economic Strategy

EDITORNovember 1, 2024

by EDITORNovember 1, 20240229

By DAYO ADESULU Unanimous Call from State Leaders Highlights Divisions Over Proposed Tax Changes and Their Impact on Nigeria’s Fiscal Future In a significant move,...

Breaking News ECONOMY

World Bank Urges CBN to Reassess Forex Intervention Strategies

EDITOROctober 30, 2024

by EDITOROctober 30, 20240110

By DAYO ADESULU Recommendations for Stabilizing the Naira and Enhancing FX Market Flexibility The Central Bank of Nigeria (CBN) has been encouraged by the **World...

Breaking News Business ECONOMY

Federal Government Advances Tax Reforms to Secure $750 Million World Bank Loan

EDITOROctober 28, 2024October 28, 2024

by EDITOROctober 28, 2024October 28, 20240137

By DAYO ADESULU Comprehensive Strategy Aims to Enhance Revenue Collection and Economic Stability The Federal Government of Nigeria is actively pursuing critical tax reforms aimed...

Banks Breaking News ECONOMY

Nigeria Labour Congress Challenges IMF’s Denial of Responsibility for Economic Policies

EDITOROctober 27, 2024

by EDITOROctober 27, 2024075

By DAYO ADESULU NLC Accuses IMF and World Bank of Economic Mismanagement The Nigeria Labour Congress (NLC) has firmly dismissed the International Monetary Fund’s (IMF)...

Breaking News ECONOMY

President Bola Tinubu Announces New Petrol and Compressed Natural Gas Prices

EDITOROctober 22, 2024October 22, 2024

by EDITOROctober 22, 2024October 22, 20240121

By DAYO ADESULU Motorists Can Purchase Petrol at N1,000 per Litre, CNG at N200 per Standard Cubic Meter President Bola Tinubu has announced that Nigerian...

Breaking News ECONOMY

IMF Adjusts Nigeria’s Economic Growth Projection Due to Agricultural and Oil Sector Challenges

EDITOROctober 22, 2024October 22, 2024

by EDITOROctober 22, 2024October 22, 20240107

By DAYO ADESULU Flooding and Insecurity Cited as Key Factors in Growth Revision The International Monetary Fund (IMF) announced on Tuesday that it has revised...

Breaking News ECONOMY

World Bank Urges Nigerians to Embrace Economic Reforms for Long-Term Stability

EDITOROctober 17, 2024

by EDITOROctober 17, 20240110

By DAYO ADESULU Key Leaders Stress Importance of Sustaining Current Policies Amid Challenges The World Bank has called on Nigerians to actively support the ongoing...