Category Archives: Business & Finance News Updates

NASS transmits 2018 Budget to Buhari today

NASS transmits 2018 Budget to Buhari today

The National Assembly will today transmit the harmonised 2018 Budget to President Muhammadu Buhari for assent. The Senate President, Bukola Saraki disclosed this to State

Ways to start house trading business

Ways to start house trading business

The perception that selling one’s property is an indication that he is facing a severe economic conditions is often a misplaced assumption. This and many

Osinbajo advises states against raising IGR at all costs


Vice-President Yemi Osinbajo on Thursday advised state governments not to fall into the temptation to prioritise raising Internally Generated Revenue at all costs. He said

GEEP MarketMoni interest-free loans reaches 350,000 beneficiaries nationwide


The Federal Government Enterprise and Empowerment Programme (GEEP) MarketMoni scheme has successfully reached over 350,000 micro enterprises in all 36 states of Nigeria, and the

Manufacturers hope on Nigeria-China currency swap to reduce costs


Manufacturers have expressed the hope that the proposed currency swap between Nigeria and China will go a long way in reducing their cost of doing

Group seeks law against excessive borrowing by states


The Social Development Integrated Centre on Wednesday called on the National Assembly to come up with stringent legislation that will check excessive borrowing by state

Shareholders give nod to Nestle’s N21.8b final dividend


For increasing shareholders value on investment through robust dividend payout and adherence to corporate governance principles, shareholders’ of Nestle Plc, yesterday commended the company’s board

Nigeria’s leasing industry deals reach N1.44 trillion


The Nigerian leasing industry continued its growth trend in 2017, as the outstanding lease volume grew to N1.44 trillion, against N1.26 trillion in 2016, representing

NERC clears 22 firms to buy, install meters


A total of 22 companies have been cleared by the Nigerian Electricity Regulatory Commission to procure and install meters for power consumers across the country

Minimum wage increase receiving attention –Oyo-Ita


The Head of the Civil Service of the Federation, Ms. Winifred Oyo-Ita, has applauded President Muhammadu Buhari for the constitution of the Presidential Committee on

Buhari yet to receive Budget 2018 from N’Assembly


The Minister of Budget and National Planning, Udo Udoma, yesterday, revealed that President Muhammadu Buhari, was yet to receive the 2018 budget said to have

Tax amnesty as gateway to multiple income stream


Before the Voluntary Assets and Income Declaration Scheme (VAIDS), a Federal Government tax amnesty programme was launched by the Vice President, Prof Yemi Osinbajo, on

Petrol subsidy: Ezekwesili tackles Buhari, NNPC


A former Minister of Education, Oby Ezekwesili, on Tuesday tackled President Muhammadu Buhari, as the substantive Minister of Petroleum Resources, and the Nigerian National Petroleum

Nigerian crude oil cargoes struggling to find buyers


Nigerian crude oil grades continued to struggle on Tuesday, weighed down by a surplus of unsold June loading cargoes as the July programmes emerged. Some