Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures, the World Bank has said. According to the...
Ahmed Ayanfe The cost of importing raw sugar into Nigeria in a 12-month period spanning the second quarter of 2021 to the first quarter of 2022...
The Federal Government (FG) has commenced implementation of the N10 per litre tax on sugar-sweetened beverages (SSB) aimed at combating non-communicable diseases. The SSB tax was...
By Umar Suleiman The Kebbi State Government has allocated 200 hectares of land to a private investor to set up a 5,600 megawatts solar power plant...
Umar Suleiman Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent, according to industry data obtained on Sunday. The...
World Bank Sees Dangers against Nigeria’s 3.4% GDP Growth Forecast The World Bank has identified fuel shortage and rising inflation as likely restraints to economic growth...
Subsidy Hits N600/Litre Marketers say Subsidy No Longer Sustainable To make petrol consumption affordable for Nigerians, the federal government daily pay about N40.1 billion as...
Equities trading at the Nigerian Exchange Limited (NGX) last week was again in the red region as the market indicators showed a marginal decline of 0.14...
The International Institute of Tropical Agriculture (IITA), Ibadan, and Mastercard Foundation has engaged the organized private sector to create profitable partnerships with youth-led agribusinesses to transform...
As Profit Before Tax Soars by 102% The shareholders of Odu’a Investment Company have approved the payment of N418.4 million dividend, a 15 per cent increase...
By Ahmed Ayanfe Innovate UK KTN, Global Alliance Africa Project, a United Kingdom-funded knowledge-based programme set up to provide solutions to Africa’s energy challenge, on Thursday...
The federal, state, and local governments shared a total of N680.783bn as federation allocation for the month of May 2022. The sharing agreement was reached at...
By Ahmed Ayanfe The Electricity Generation Companies (Gencos) in Nigeria on Thursday compared the federal government’s handling of the power sector to the case of “flogging...
The Federal Government has saved about N10 trillion since the Single Treasury Account (TSA) has been in operation. Director-General, Bureau of Public Service Reforms, BPSR, Dr....
Smart Product Nigeria Plc has announced a dividend of 10 kobo per 50k ordinary share to shareholders for the year end 31 December 2021. This is...
As Airtel Africa Redeemed Outstanding Senior Notes Airtel Africa has announced that after market close (UK time) on 21 June 2022 its subsidiary as Bharti Airtel...
The total value of domestic and foreign transactions on Nigerian Exchange Limited (NGX) for the first five months of the year 2022 has recorded a total...
Investors in the Nigerian equities market went home at the end of midweek trading on Wednesday with sum of N189.61 billion profit as the local bourse...
Neveah Limited, a commodities export company, has announced the quotation of its Series 3 and Series 4 Commercial Paper (CP) Issuances on the FMDQ Exchange. Both...
Airtel Africa today confirms that the default currency and options on currency election for the proposed final dividend and the currency exchange rates that will be...