Business News
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171Funding: SEC Vows to Support SMEs
The Securities and Exchange Commission (SEC) has expressed its readiness to support Small and Medium Enterprises (SMEs), to offer shares to investors...
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154Blackout in North: Tinubu Directs Speedy Restoration of Power, Summons Minister, NSA
President Bola Tinubu has expressed concern over the recent blackout in the northern region of Nigeria. Tinubu announced efforts to end the...
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157IFC’s $1b Boost for Nigeria’s Key Sectors
The International Finance Corporation (IFC) plans to provide more than $1 billion in the coming years to scale up financing of critical...
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104Asian Shares Fluctuate With US Elections in Focus
Asian equities traded in a tight range as investors prepared for the US election and key economic data that will set the...
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120Proposed Tax Regulation Exempts Oil and Gas Exports, Agriculture, Military Hardware, Others from VAT
A proposed new tax legislation seeks to provide Value Added Tax (VAT) exemptions to oil and gas exports, crude petroleum oil and...
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61FG Spends ₦29b to Repair Damaged Power Towers –Report
The Federal Government, through the Transmission Company of Nigeria, has spent a total sum of N29.3bn as costs to repair 266 electricity...
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106Oil Prices Little Changed though US Reserve Bid Lends Support
Oil prices were little changed on Tuesday after falling in the previous session as a U.S. plan to buy oil for the...
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148High Production Cost Making Local Goods Uncompetitive –MAN
The Manufacturers Association of Nigeria has described the high cost of production as a major obstacle to the competitiveness of made-in-Nigeria goods....
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149Nigeria Loses ₦36tr Annually to Untitled Land –Operators
Operators in the built environment have estimated that Nigeria loses about N36tn annually due to untitled lands. The cost of land registration...
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102Oil Slumps, Yen Drops on Japanese Vote Result
Crude declined after Israeli strikes on Iran avoided oil facilities. The yen fell after Japan’s ruling coalition failed to win a majority...
