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Rising energy costs: Manufacturers spend N639 billion on power, self-generate over 14,000MW
As a result of the poor power supply from distribution companies, there is a rising energy cost which is disrupting ...FG considers banning ponmo consumption, says its not nutritional
The Federal Government has said it is proposing legislation to ban the consumption of animal skin, popularly known as ponmo. ...Dangote, Honeywell, others get N16 trillion tax waiver from FG
No fewer than 46 companies had benefitted from various tax incentives and duty waiver schemes while the requests of 186 ...Lagos-Ibadan train: Amount spent on diesel exceeds earnings by 135.3%
The money spent on fueling the trains that operate on the Lagos-Ibadan Train Service daily is 135.3 per cent higher ...Inflation rate hits 20.5%, highest since 2005
Nigeria’s inflation rate rose by 0.92 basis points to 20.52 per cent in August from 19.6 per cent in July, ...We expect Buhari to present budget October, says Gbajabiamila
President Muhammadu Buhari may present the 2023 budget to a joint session of the National Assembly in the first week ...UBA, Heirs underwriters commence bancassurance partnership
Heirs Insurance Limited and Heirs Life Assurance have commenced a with global banking group, the United Bank for Africa. The ...Stop unreasonable target for bankers, Institute tells banks management
The Chartered Institute of Bankers of Nigeria has called on banks’ managements to stop setting unreasonable targets for their staff ...‘Angola, Libya overtake Nigeria in crude production’
The Organisation of Petroleum Exporting Countries has said Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, ...Banks ration forex sales as scarcity bites
Banks have begun to reduce approval requests for Personal Travel Allowance and Business Travel Allowance to legitimate users. The legitimate ...
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