Business News
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240Asian Shares Search for Momentum After US Data
Asian stocks struggled for traction as investors weighed concerns about the health of the US economy against stronger expectations for early Federal...
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255‘UK Dedicated to Maximising Trading Scheme Uptake’
The British High Commissioner to Nigeria, Richard Montgomery, has said that the United Kingdom is eager to tap the full potential of...
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232Firms Enjoying Tax Waiver Rise to 104 –NIPC
The Federal Government, through the Nigerian Investment Promotion Commission, has granted fresh tax holidays to 12 companies in the first quarter of...
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232External Reserves Fall by $1.8b in 10 Weeks –Report
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria. As of...
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154Oil Falls Further on Worries of Supply Rising Later in 2024
Oil prices eased in Asian trade on Tuesday, extending losses from the previous session when prices fell to their lowest in four...
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182We Dispensed Benefits to 20,531 Nigerians in 1yr –NSITF
The Nigeria Social Insurance Trust Fund (NSITF) says it has worked to dispense benefits to 20,531 Nigerians in the last one year. This...
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229FG Can’t Afford Minimum Wage Labour Wants –Finance Minister
The Minister of Finance, Wale Edun, has said Labour is asking for a minimum wage that is not affordable. He stated this...
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301₦3.7tr Debt Threatening Our Operations –GenCos
The Power Generation Companies (GenCos) have stated that over N3.7trn debt owed to the companies is threatening their operations and failure to...
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708Tax Committee Recommends ₦800/$ Customs Duty Rate
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty rate for...
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248FG secures $500m World Bank Loan to Fund Discos
The federal government has secured a $500 million loan from the World Bank to fund electricity Distribution Companies (DisCos). According to the Bureau...
