Business
Shettima Urges Foreign Investors To Explore Non-Oil Sectors
Vice President Kashim Shettima has advocated for substantial investments in non-oil sectors, emphasising agriculture, manufacturing, renewable energy, and digital innovation as pivotal areas with promising returns.
Speaking at the Existing...
Business
Band A Customers To Pay More As DisCos Raise Electricity Tariffs
Electricity distribution companies (DisCos) have announced a tariff hike for Band A customers, effective July 1, according to statements posted on their official social...
Business
Oil Production: NNPC Declares States Of Emergency
The Nigerian National Petroleum Corporation, NNPC, has declared a state of emergency in its operation to ramp up oil production.
The Group Chief Executive Officer...
Business
Cardoso Urges Greater Regulation of Fintech, Others
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasised the critical role of Non-Bank Financial Institutions (NBFIs) within the West African...
Business
Tax Overhaul: FG To Exempt SMEs, Farmers From Paying Withholding Tax
The Federal Government has approved a comprehensive overhaul of its withholding tax regime.
In the new regime, small businesses, some manufacturers and farmers will be...
Business
BVN Troubles: NDIC Explains Delay in Paying Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has identified account name discrepancies in Bank Verification Number (BVN) linked to the alternate accounts of some defunct...
Business
How My $130bn Fortune Will Be Managed After My Death – Warren Buffet
Multi-billionaire businessman and philanthropist, Warren Buffett, has announced a monumental change to how he wants his considerable wealth to be managed after him.
In an...
Business
CBN Discontinues Price Verification System Portal
The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) portal, effective July 1, 2024.
The decision marks a...
Business
Multinational Oil Firms Sabotaging Dangote Refinery – VP
The Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) operating in Nigeria of...
Business
Pipeline of Prosperity: NNPC Says Major Gas Project Will Be Completed 2025
Top government officials have underscored the transformative potential of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on Nigeria's economy and industrial sector, during a site...
Business
Inflation, Food Prices Expected to Decline Starting July – Rewane
A well-respected analyst Bismarck Rewane, CEO of Financial Derivatives, has forecasted a decline in both inflation and food prices starting from July to August...