Industry & Money
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635ATCON: Weak Investment in Telecoms Sector, High Cost of Smartphones Impeding 4G, 5G Penetration
President of the Association of Telecoms Companies of Nigeria (ATCON), Tony Emoekpere, has attributed the slow penetration rate of the fourth generation...
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148FG Issues Fresh Regulations on Deduction of Withholding Tax at Source
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has released fresh regulations on withholding tax under the Capital...
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183Credit to Government Rises by 42% to ₦28.4tr
Credit to the government rose by N8.4 trillion or 42 per cent, month-on-month to N28.4 trillion in May from N19.98 trillion in...
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184Rail Transport Revenue Rises 122% to ₦2.11b
Rail transport revenue grew by 122 percent, Year-on-Year, YoY to N2.11 billion in the first quarter of 2024 (Q1’24) from N949.94 million...
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26780% of Nigerians Can’t Afford Mortgage –Minister
Ahmed Dangiwa, Minister of Housing and Urban Development, says more than 80 per cent of Nigerians cannot afford mortgage to own houses....
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183CNG Conversion: FG Offers ₦750,000 Subsidy Per Transporter
The Federal Government, on Thursday, met with transporters and stakeholders in the transportation sector in a bid to accelerate the adoption of...
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234Nigeria’s Excess Crude Account Now $473m –NEC
Nigeria’s Excess Crude Account (ECA) has been put at $473,754.57, the Stabilisation Account at N28,738,722,369.83, and the Natural Resources Fund at N53,891,102,650.71....
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262Over 40 million Households Practise Agriculture –Bureau of Statistics
About 40.2 million households in Nigeria practise a form of agriculture or another, amounting to more than 70 per cent of households...
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267Why the UK’s Planning System is Hindering Investment
Easing restrictions in the UK’s planning regime is one of the few ways to boost economic growth, according to property developers, consultants...
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756Nigeria Projects $2b for Fibre-Optic Project
The federal government has unveiled the Fibre Forward Strategic Development project. This ambitious initiative aims to extend Nigeria’s fibre-optic backbone by 90,000...
