16 manufacturers lost N792bn in one year – MAN
Agency Report The Manufacturers Association of Nigeria (MAN) said that 16 major manufacturing firms incurred cumulative losses amounting to N792...
Business Affairs
Bank recapitalisation a strategy to increase loans, financial products to MSMES – CBN
Omeiza Bilal The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso has said that the banks new minimum capital requirements...
Domestic equities market gains N96bn
Trading activities on the floor of Nigerian Exchange closed higher, appreciating by N96 billion as the market closed in bullish...
Nigeria, US, France to investigate crashed S76C helicopter – Keyamo
Agency Report The Federal Government has said United States of America (USA) and France are collaborating to ensure engines of...
Launch of COSCO Shipping, ONE & ZIM Lines Services signposts growth at Lekki Port
The Nigerian maritime industry has received a boost as a choice of shipping destination in Africa with the launch of...
Flout order on prepaid meter replacement, face severe consequences-FCCPC warns IKEDC, EKEDC
Omeiza Bilal The Federal Competition and Consumer Protection Commission (FCCPC) has warned Ikeja and Eko electricity distribution companies (IKEDC and...
MultiChoice Nigeria loses 243,000 DStv, Gotv, subscribers in 6 months
Agency Reporter MultiChoice attributed this decline to Nigeria’s high inflation rate, which exceeds 30 per cent, driven by the rising...
AfDB provides $18m for stabilization of Lake Chad Basin
By Benjamin Orisemeke The Board of Directors of the African Development Bank Group has approved a package of $17.97 million...
Power: FG to deploy PPP to bridge $10bn investment gap
Benjamin Orisemeke The Federal Government has disclosed plans to source from the private sector, part of the $10 billion required...
Reconsider 60% VAT sharing formula to states in tax reform bill, KADCCIMA tell FG
Omeiza Bilal The Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) has called on President Bola Tinubu reconsider the...
