Business
Inflation rose by 0.19% to 22.41% in May
Nigeria’s annual inflation rate rose to 22.41 per cent in May from 22.22 per cent in the previous month, the...
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BUA partners with IFC, set to build $500 million cement plant
...5 million tonnes plant will reduce cement price, enough for export ...plant to be based in Northern Nigeria ...will create...
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Oil Marketers to begin Fuel Importation as NMDPRA vows to protect Nigerians from Exploitation
Three oil marketers will from July this year start importing petroleum products into the country according to the Nigeria Midstream...
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FG to make N124.2bn annually from income tax
The Federal Government is set to make about N124.26bn in a year from the imposition of a 0.5 per cent...
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CBN permits banks to sell dollars freely, at their price
The Central Bank of Nigeria has permitted banks to sell foreign exchange at their own price. The development is coming...
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Naira float may force NNPCL to review Petrol prices
The removal of the peg on the naira thus allowing for a free float will force a review of the...
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How subsidy removal is posing a threat, affecting businesses- CPPE
The Center For The Promotion Of Private Enterprise, (CPPE), has disclosed that the high cost of transportation resulting from the...
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FMCG: Nestle Nigeria, BUA Foods and Nigerian Breweries paid the most Income tax in Nigeria
According to data extracted from the Nigerian Exchange Group (NGX) shows Nestle Nigeria paid the highest income tax among Fast...
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Remittances from Diaspora can rise to $50b – Rewane
The Chief Executive Officer of Financial Derivatives Company Limited, Mr Bismarck Rewane is optimistic that the remittances from Nigerians living...
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Manufacturing sector asks for incentives to thrive
The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir has called on incentives for the manufacturing sector...
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