Business
Labour, FG Return to Negotiation Table for Minimum Wage: Will a Consensus be Reached?
The Organised Labour has agreed to attend the “negotiation” meeting of Tripartite Committee on the Minimum Wage slated for Tuesday....
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Customs Lagos Industrial Area Command Generates N17.9 Billion in 6 Months
The Lagos Industrial Area Command of the Nigeria Customs Service (NCS), generated N17.9 billion from excise duty between October 2023...
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Jumia Set to Consolidate all 3 Warehouses into Singular 30,000sqm Depot in Lagos
E-commerce juggernaut, Jumia Technologies AG, is set to consolidate all three warehouses into a singular 30,000sqm depot in Lagos, as...
Read moreCustoms Import Duty Exchange Rate Soars to N1,502.136/$
The Central Bank of Nigeria (CBN) has again increased the exchange rate for calculating import duty at the nation’s seaport...
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FG Approves N1bn for Construction of Hostels in 12 Tertiary Institutions across the Country
The Federal Government has announced the approval of N1bn to be utilised as equity contribution in partnership with private developers...
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Emefiele Pleads Not Guilty to Financial Misconduct Charges
Godwin Emefiele, embattled former governor of the Central Bank of Nigeria (CBN), has pleaded not guilty to charges of financial...
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EFCC Busts Fake Money Syndicate in Lagos, Arrests 15 Suspects
The Economic and Financial Crimes Commission (EFCC) has busted a fake money syndicate operating in Lagos and Kaduna, arresting 15...
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Nigeria’s Inflation Rate Rises to 33.69% in April 2024
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of...
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FG Proposes Tax Relief System for Informal Sector, Exempting 95% of Businesses from Taxes
The Federal Government is working on a system that will provide tax relief to 95 per cent of the informal...
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EFCC to Arraign Emefiele Over Unlawful Withdrawal of N124.8 Billion from Consolidated Revenue Fund
The Economic and Financial Crimes Commission (EFCC) will arraign a former Central Bank of Nigeria (CBN) governor Godwin Emefiele tomorrow...
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