Category : Business

Forum on China — Africa Cooperation Summit: Buhari arrives in Beijing

3 weeks ago / 0 comments

  President Muhammadu Buhari on Saturday arrived in Beijing, China, to participate in the 7th Summit of the Forum on China — Africa Cooperation (FOCAC 2018). The president’s Personal Assistant … Read more

Bank of Japan vows to keep the lid on interest rate

3 weeks ago / 0 comments

  The Bank of Japan will not raise interest rates “for quite a long time”, its chief said in an interview published Saturday even as its US and European peers … Read more

$8.1bn illegal transfers: Senate cleared us—MTN insists

4 weeks ago / 1 comments

  Telecommunication giant MTN, has refuted claims by Central Bank of Nigeria (CBN) that it illegally repatriated $8.1billion from its Nigerian operations to offshore investors, in collusion with four Nigerian … Read more

FIRS deploys technology to assist MSMEs-Fowler

4 weeks ago / 0 comments

  The Federal Inland Revenue Service (FIRS) said it has developed various strategies including deployment of technology to facilitate ease of tax compliance for businesses. This was disclosed by Mr. … Read more

Customs impounds military camouflage

2 months ago / 0 comments

    The Nigeria Customs Service, Federal Operations Unit, Zone “C” Owerri, Imo State, says it has seized a container carrying 11 bales; each containing 400 pairs of new set … Read more

Rice: Adamawa farmers optimistic of bumper

2 months ago / 0 comments

    The Adamawa chapter of the Rice Farmers Association of Nigeria (RIFAN) says it is optimistic of bumper harvest in the 2018 crop season following successful implementation of the … Read more

Nigeria exporters lose $10bn annually to Apapa gridlock

2 months ago / 0 comments

  Mr Tola Faseru, National President, Cashew Farmers Association of Nigeria, says that exporters of agricultural produce and other goods are losing about 10 billion dollars annually to the Apapa … Read more

Lagos senators oppose Banire’s nomination as AMCON chairman

2 months ago / 0 comments

  Three senators from Lagos State Tuesday opposed the nomination of Muiz Banire as the Chairman of the Assets Management Corporation of Nigeria (AMCON) President Muhammadu Buhari had submitted a … Read more

Oil steady after G20 warns of risks to growth

2 months ago / 0 comments

Oil prices stabilised on Monday as worries over production losses were outweighed by concerns that trade disputes would reduce economic growth and hit global energy demand. Benchmark Brent crude oil … Read more

DISCOs are technically insolvent – BPE

2 months ago / 0 comments

  Bureau of Public Enterprises, (BPE), yesterday, said most of the Distribution Companies, (DISCOs), in Nigeria were technically insolvent. Director-General of the bureau, Alex Okoh, made this revelation during an … Read more