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Category: Business
Naira depreciates against dollar at official market to begin week
The Naira depreciated against the dollar at the official foreign exchange market on Monday, to begin the week. This is according to the Central Bank…
Manufacturers fume as Nigerian govt reintroduces 4% FOB fee on imports
Nigeria’s manufacturers have kicked against the reintroduction of the 4 percent Free on Board fee by the Nigeria Customs Service (NCS). It was reported NCS…
NNPCL, NLNG, others secure deal for delivery of 1.29 bscf/d
Two Nigerian states’ oil and gas firms, the Nigerian National Petroleum Company Limited (NNPCL) and Nigeria Liquified Natural Gas Limited (N-LNG) and several other upstream…
Businessman Ahmad Lawal advocates for Nigerian Entrepreneurs to become Global Creators
On Tuesday, August 12, Nigerian businessman Ahmad Lawal appeared on Channels Television’s Business Morning program, where he called on Nigerians to shift from being primarily…
Nigeria on track to hit 2.5mbpd oil output — FG
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that the country is firmly on course to ramp up crude oil…
Success is about first-mover advantage, not monopoly – Dangote
President of Dangote Industries Limited, Aliko Dangote, has dismissed accusations that his companies monopolise key sectors of Nigeria’s economy. Defending his business practices, he argued…
Nigerian government warns against fake Cowbell milk in circulation
The Nigerian government has raised the alarm over the circulation of fake Cowbell Our Milk across the country’s markets, THE PRIME NEWS reports. The National…
Tinubu unveils personal income tax calculator
President Bola Tinubu on Thursday, unveiled a personal income tax calculator to help Nigerians estimate their tax liabilities under the new tax regime that takes…
FG, states, LGs share N2.001trn July revenue
The three tiers of Nigerian government, federal, state, and local government councils, have shared the total of N2.001 trillion, being the July 2025 Federation Account…
Gov AbdulRazaq approves upward review of salaries for KWASRRA ad-hoc staff
Kwara State Governor, Mallam AbdulRahman AbdulRazaq has approved the upward review of the salaries of all ad-hoc staff of the Kwara State Residents Registration Agency…