Business

Business

Customs, NCC, 61 Other MDAs To Stop Direct Revenue Collection – Presidential Committee

THE Presidential Committee on Tax Policy and Fiscal Reforms says the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of.

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Business

Tinubu Inaugurates Committee On Fiscal Policy, Tax Reforms

PRESIDENT Bola Tinubu has inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms in Abuja. The President had four weeks ago set.

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Business

UK, Nigeria Firms Partner To Deliver Robotic-Deployed Subsea Assets

IN what industry watchers have called a bold move aimed at boosting subsea engineering and structural integrity solutions in the Nigerian energy market,.

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Business

Outrage As GTB Mobile Transactions Shut Down

MANY Nigerians are currently unable to carry out transactions using their Guaranty Trust Bank (GTBank) applications. This is as a result of a.

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Business

Exchange Rate Hits N755/$ As CBN Tells Banks To Trade Forex Freely

THE Central Bank of Nigeria (CBN) has reportedly told Deposit Money Banks to freely float the naira against the dollar and other international.

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Business

Oil Revenue Crash Pushes FG’s Deficit To N513bn

THE Federal Government’s fiscal operations in the early part of this year have resulted into a 22.8 per cent rise in deficit spending.

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Business

Air Peace Sues NLC, TUC Over Flights Disruptions, Seeks N1.7bn In Damages

A PRIVATE Nigerian Airline, Air Peace Ltd, has sued the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) before the.

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Business

PlugBay Launches In Nigeria: Empowering Access To Skills, Advertising, Funding

NIGERIAN Small and Large business owners can now advertise with ease, as a Nigerian has deviced an app that can work without smart.

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Business

CBN Increases Interest Rate To 18.5%

THE Central Bank of Nigeria (CBN) has raised interest rate from 18 percent to 18.5 percent. News Point Nigeria the apex bank governor,.

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Business

CBN Revokes 179 Microfinance Banks, Others’ Licences

THE Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks.

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Business

Dangote Refinery To Generate 12,000 Megawatts Of Electricity – CBN Gov

THE Central Bank of Nigeria (CBN) has said that the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power.

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Business

Dangote Came To Lagos With Nothing 45 Years Ago – Sanwo-Olu

THE Governor of Lagos State, Babajide Sanwo-Olu has lauded the Chief Executive Officer of Dangote Group, Aliko Dangote for the establishment of his.

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Business

Refinery’s First Product To Hit Market By End Of July – Dangote

ALIKO Dangote says the first product of the Dangote Petroleum Refinery and Petrochemicals “will be in the market before the end of July,.

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Business

Seven African Presidents Join Buhari To Open Dangote Refinery

LAGOS, Nigeria’s commercial nerve centre, will today play host to many oil and gas industry heavyweights who would be arriving the city from.

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Business

Dangote Refinery To Meet 100% Nigeria’s Requirement — Report

THERE were indications, yesterday, that Dangote Petroleum Refinery has the capacity to supply adequate petroleum products — gasoline, diesel, kerosene and aviation jet.

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Business

Nigeria’s Inflation Rate Rises To 22%

THE Nigerian Bureau of Statistics has revealed that the country’s inflation rate for the month of April has hit 22.22% surpassing last month’s.

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Business

Dangote Reveals How NNPCL Can Meet Demands Of Commodities

THE Nigerian National Petroleum Company Limited needs to roll out massive investments in terms of oil and gas to meet the demand for.

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Business

No Plan To Phase Out New Naira Notes – CBN

THE Central Bank of Nigeria (CBN) has dismissed reports that it is considering the withdrawal of the redesigned N200, N500 and N1,000 notes.

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Business

NOVA Doubles Earnings, Reflecting Exceptional Service, Innovative Offerings

NOVA Merchant Bank Limited (“NOVA or “the Bank”), announced its Audited Full Year 2022 financial results, showing an outstanding 107.9% year-on-year growth in.

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Business

UBA Group Posts 47.5% Growth in Gross Earnings, Profit Hits ₦61.4bn

AFRICA’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording.

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