Amazon invests $15m on SMEs
Amazon, an American multinational technology company-based in Seattle, Washington, has announced the investment of $15 million globally on tools and...
ISPs struggle for patronage
Within the last one year, Internet Service Providers (ISPs), in the country have been able to add about 14, 247...
Dangote Laments Low Manufacturing Sector’s Contribution to GDP
The President of the Dangote Group, Alhaji Aliko Dangote, has flayed the paltry contributions of the manufacturing sector to the...
Army to demand identity cards from Nigerians
Nigerians will henceforth be requested to carry identification cards to prove their identity to the military as the Nigerian Army...
Buhari exempts firms with N25m turnover from VAT
Firms making a turnover of N25 million and below will be exempted from payment of the Value Added Tax (VAT),...
NNPC to publish petroleum products’ supplies
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said the oil firm was set...
NSE to Launch Growth Board for SMEs Funding
Small and medium enterprises (SMEs) finding it difficult to access funding will soon heave a sigh of relief as the...
Investors lose N421bn in six trading days
Equity investors lost a total of N421bn in six trading days as the market capitalisation dropped to N13.051tn on Tuesday...
Prolonged low rates pose $19tr default risk globally, says IMF
The International Monetary Fund (IMF), has warned that while low rates are desirable for growth, prolonged periods of low rates,...
Stakeholders raise concern over poor metering for crude in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI), and other stakeholders in the oil and gas sector, yesterday, in Abuja, insisted...
DMO offers multiple bonds at 12% interest rate
As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering two and three years...
Agusto & Co is set to hold a Country Risk Session
Agusto & Co is set to hold a Country Risk Session on the 24th of October 2019 in Ikoyi Lagos...
Customs continue raid, shut 272 car marts
The crackdown by the personnel of the Nigeria Customs Service on car marts suspected to harbour smuggled vehicles has continued...
Food prices rise by 65% on border closure
NIGERIANS are now feeling the pains arising from the border closure as the prices of staple foods such as rice,...
VAT collection still at 0.2% – FG
The Minister of Finance, Budget and National Planning, Mrs. Zainab S. Ahmed has said the collection of the value added...
CBN’s lending to banks averages N96b in six months
The Standing Lending Facility (SLF) window of the Central Bank of Nigeria (CBN) was full of activity in the first...
All-Share Index Falls 0.45% as Equities Market Opens on Bearish Note
Trading at the stock market resumed for the new week on a bearish note as the Nigerian Stock Exchange (NSE)...
Beta Glass Targets June for Completion of $30m Plant
Beta Glass Plc has disclosed that the $30 million investment to expand its furnace capacity at its plant in...
Corporate Treasurers Examine Implication of CBN 5-Year Policy Thrust
The Association of Corporate Treasurers of Nigeria (ACTN) at the weekend held its breakfast meeting in Lagos, with the theme...
FG to Launch National Policy on Culture, Tourism
The Minister of Information and Culture, Alhaji Lai Mohammed, has declared that plans were underway to launch a national policy...
Mining: Nigeria Understudies South Africa to Avoid Pitfalls
The federal government yesterday said it’s currently understudying its South Africa counterpart in the areas of environmental degradation and how...
Minimum wage: Labour open to dialogue, TUC says
The President of the Trade Union Congress, Quadri Olaleye, has said that the organised labour is still open to dialogue...
FAAN Fortifies Security at MMIA Airport
Airline operators and other users of the Murtala Muhammed International Airport (MMIA), Lagos, have confirmed that there has been improved...
Infracredit Appoints New Independent Non-executive Director
InfraCredit, an infrastructure credit guarantee institution has announced the appointment of Solomon Adegbie-Quaynor as an independent non-executive director of the...
BUA Group: NPA Decommissioning of Port Harcourt Terminal Threatens $400m Project
The recent decommissioning of BUA Ports and Terminal, Port Harcourt, Rivers State by the Nigerian Port Authority (NPA) is threatening...
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