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Category: Business
Nigeria’s tax-to-GDP ratio rose from 6% to 10.86% in 2021 – FIRS
The Federal Inland Revenue Service (FIRS) says Nigeria’s tax-to-GDP ratio rose from six per cent to 10.86 per cent by the end of 2021. This…
Industrial clusters, renewable energy adoption, crucial to manufacturing profitability- NICCI
This collaborative approach, he said, would unleash the full potentials of manufacturing in Nigeria, drive positive economic growth, create jobs and foster sustainable development. The…
EFCC testifies against ex-PDP national chairman’s son in fuel subsidy scam trial
EFCC investigator, Mr Denis Kasari, on Wednesday testified against one Mamman Ali before an Ikeja Special Offences Court in a N2.2 billion fuel subsidy scam trial….
PMS: NSCDC arrests 3 ‘black marketers’, impounds 4 vehicles in Niger
“The corps will clampdown on vandals and other economic saboteurs,” he said. Ibrahim Usman, one of the suspects said that he ventured into the business…
China pledges increased economic cooperation with Nigeria
Chinese President XI Jinping has pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world. A statement by Mr…
Tinubu triggers biggest first day stock market rally since 1999
Nigeria’s President Bola Tinubu now holds the record for the Nigerian leader to trigger the biggest gain in the stock market on his first day…
Subsidy: NNPC Announces new fuel price Across states
The long awaited price for petrol was effected by NNPC limited Wednesday morning providing clarity around prices post the removal of the controversial subsidy which…
Julius Berger appoints Mike Adenuga’s daughter as director
The daughter of business mogul, Mike Adenuga, Belinda Ajoke Disu, has been appointed to the Board of Directors of Julius Berger Nigeria Plc as a…
Kwara Gov cautions fuel marketers against hoarding
Nigeria Governors’ Forum (NGF) Chairman and Kwara State Governor AbdulRahman AbdulRazaq has cautioned oil marketers to avoid imposing needless hardship on the citizens through creation…
Subsidy removal: We’ll ensure smooth transition, avoid supply disruptions – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with the NNPC Ltd. and other stakeholders to guarantee a smooth transition…