Browsing Category
Business
FIRS issues deadline for compulsory registration of TIN for taxpayers,…
The Federal Inland Revenue Service (FIRS) has set a mandatory deadline of April 12, 2020 for all taxpayers and companies to…
Dangote begins pre-testing of $2b fertiliser plant
Ahead of inauguration, the Dangote Fertiliser Limited has begun to pre-test its $2 billion granulated urea fertiliser plant in…
Consumers reject new electricity tariff, accuse DisCos of corruption
Electricity consumers have expressed anger on the proposed hike in tariff as the National Electricity Regulatory Commission…
Investments into Nigeria Drop 67% in 2019 – NIPC
Investments into Nigeria dropped by 67 percent to $29 billion in 2019, against $90 billion that was recorded in 2018, a report…
Nigeria’s GDP records highest growth since recession in 2016
Nigeria’s Gross Domestic Product (GDP) has recorded a growth of 2.55% (year-on-year) in real terms in the fourth quarter of 2019,…
First Bank takes its SMEs business clinic to Port Harcourt, Abuja
In recognition of the significant role SMEs play in achieving sustainable growth and development in the economy of the country,…
Court orders arrest of ex-SEC DG Gwarzo’s co-accused over N12.8m Contract…
A Federal High Court, Abuja, has issued a bench warrant for the arrest of a Principal Manager with the National Identity…
Coronavirus outbreak slashes global oil prices
Coronavirus outbreak is causing havoc in the crude oil market. Prices tumbled more than 2% on Monday, with investors worried…
Nigeria’s Crude Oil likely to get exhausted in Next 50 Years – DPR
The Department of Petroleum Resources (DPR) has disclosed that Nigeria’s crude oil deposit could be exhausted in five decades…
GenCos Lose N1.9bn in One Day to Gas Shortage, Others
Electricity Generation Companies (GenCos), which make use of both gas-fired and hydro-stations, have lamented that couldn’t…