Category Archives: Featured

Seme customs command intercepts 175 bales of smuggled textiles

Seme customs command intercepts 175 bales of smuggled textiles

The Seme Command of the Nigeria Customs Service (NCS), yesterday announced the seizure of 175 pieces of textiles materials worth N2.2 million smuggled into the

Nigeria’s phone production suffers as imported brands flood market

Nigeria’s phone production suffers as imported brands flood market

The ‘consuming’ nation status tag on Nigeria may linger for long; as the expression seems to have found a permanent abode in the mobile phone

Discos’ collections rise to N831bn in two years

Discos’ collections rise to N831bn in two years

Electricity consumers who are hooked on to the national grid paid N831 billion to the Distribution Companies (Discos) out of about N1.3 billion worth of

State gaming regulators kick against VAT, explain operations

State gaming regulators kick against VAT, explain operations

State gaming regulators have called for a better understanding of their operations, unity of processes and licensing, especially from the lens of the National Lottery

FG urged to provide tax waivers for start-ups

FG urged to provide tax waivers for start-ups

The President, UNIC Foundation, a non-government organisation (NGO), Dr. Christopher Imumolen, has advised the federal government to provide tax waiver for start-ups to ensure survival

Nigeria’s inflation rate hit 11.40% in May – NBS

Nigeria’s inflation rate hit 11.40% in May – NBS

With the rate at which prices of goods and services rise up for the second consecutive month, analysts are concerned over inflationary pressures creeping back

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement Plc has announced plans to attract $700 million in foreign exchange from the exportation of the product to boost Nigeria’s economy.The company also

Power supply under Buhari’s first four years

Power supply

Recently, President Muhammadu Buhari was sworn-in for another four years in office. In his first term, he made promises of improving grid electricity supply to

Ellah lakes lists 1.88bn new shares on NSE

Ellah lakes lists 1.88bn new shares on NSE

Ellah Lakes Plc has listed an addition 1.88 billion units of shares on the main board of the Nigerian Stock Exchange (NSE). Also, the company

Ethiopian Airlines offers to partner Nigeria on National Carrier

Ethiopian Airlines offers to partner Nigeria on National Carrier

Ethiopian Airlines has expressed its preparedness to partner Nigeria on the federal government’s planned national carrier. The airline said a country with such huge passenger

AfDB restates warning on rising debts among African nations

AfDB restates warning on rising debts among African nations

Despite the low international debt threshold of many African countries, Nigeria inclusive, a message from the African Development Bank (AfDB) the weekend was that of

DMO lists Eurobonds on FMDQ, Nigerian stock exchange

DMO lists eurobonds on FMDQ, Nigerian stock exchange

The Debt Management Office (DMO) last Friday, listed the first Eurobonds on the FMDQ Securities Exchange and Nigerian Stock Exchange (NSE) platforms. The DMO, on behalf