Business
Latest Business news
N718 million contract approved to secure Abuja rail tracks
The Federal Executive Council has approved N718.19 million to secure the 45-kilometre Abuja rail tracks and stations. The Minister of ...Remove 7.5% VAT on diesel, manufacturers beg govt
The Manufacturers Association of Nigeria has urged the Federal Government to urgently remove the 7.5 per cent Value Added Tax ...Despite global economic uncertainty, Lamborghini has already sold all its cars until 2024
Italian sports carmaker, Lamborghini has already pre-sold the entire production run to early 2024. The Chief Executive Officer of the ...Naira’s free fall continues, trades N692/$ at ‘black market’
The naira, on Tuesday, fell to N692 per dollar at the parallel market popularly known as the black market. The ...Nigeria imports $11 billion plastics, pharmaceuticals, sugar in 2020, 2021
Data from the International Trade Centre has revealed that plastics, pharmaceuticals and sugar worth $10.98 billion were imported into Nigeria ...Nigeria recovers N86.2 billion stolen oil in August
Different government security outfits operating across the country have recovered stolen oil worth N86.2 billlion in August. According to The ...Contractor to sue Osun over N570 million airport debt
The contractor handling the construction of the MKO Abiola International Airport at Ido Osun in Osun State, JM & AS ...Stop using foreign models, voice-over artists in Nigerian adverts, FG tells advertisers
The Federal Government has banned the use of foreign models and voice-over artists for advertisements targeted at Nigerians. The Director-General ...Farmer laments as palm oil imports gulp N60 billion
Reaction has trailed the N60 billion spent on palm oil import, as farmers have urged the government to use the ...We are working on $464m trapped airlines’ funds – FG
The Federal Government has said it is working hard to clear the $464m blocked funds belonging to foreign airlines. The ...