Business

Nigeria’s revenue falls by nearly 60%, says Buhari

Nigeria’s revenue falls by nearly 60%, says Buhari

President Muhammadu Buhari on Monday said the COVID-19 pandemic has resulted in trying times, not just for the Nigerian people,…
Tax revenue key to funding operations of govt at all Levels — FIRS

Tax revenue key to funding operations of govt at all Levels — FIRS

COVID-19 pandemic has impacted negatively on the Government’s revenue sources. In June 2020, the Federation Accounts Allocation Committee (FAAC) shared…
NIGERIA AIRPORTS OPEN FOR INTERNATIONAL FLIGHTS

NIGERIA AIRPORTS OPEN FOR INTERNATIONAL FLIGHTS

International flights will start arriving in Nigeria from today ,5 September   .  However , not all airlines will be allowed…
Nigerian Bottling Company Installs High-Speed, Canning Line

Nigerian Bottling Company Installs High-Speed, Canning Line

The Nigerian Bottling Company Ltd (NBC) today announced the successful installation of a new high-speed canning line at its Ikeja,…
Africa’s Richest Man Makes His Biggest Bet Yet

Africa’s Richest Man Makes His Biggest Bet Yet

On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming…
NERC Directs DisCos to Embark on Mass Metering

NERC Directs DisCos to Embark on Mass Metering

In response to media reports that there is an increase in tariffs for Nigerians, NERC has disclosed  that the tariff…
FG Targets 22 Non-oil Commodities for Export Promotion

FG Targets 22 Non-oil Commodities for Export Promotion

Recently, the Nigeria Export Promotion Council (NEPC) disclosed that the FG has identified about 22 non-oil strategic products that will…
We’re spending $6.15bn funding on power sector reform – Minister

We’re spending $6.15bn funding on power sector reform – Minister

The Federal Government has so far secured a total of $6.15bn (about N2.37tn) funding for the power sector and is…
CBN asks banks to take over electricity bills collection from DisCos

CBN asks banks to take over electricity bills collection from DisCos

In a circular dated August 21, Bello Hassan, CBN’s director of banking supervision,said taking over from electricity distribution conpanies will…
Access Bank Signs $93.8m Syndicated Loan

Access Bank Signs $93.8m Syndicated Loan

Access Bank Plc, has announced the signing of a Subordinated Syndicated Loan Agreement worth $93.8 million with the Dutch development…
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