Business
More stories
-
NLC To Hold Mass Rally Against Telecom Tariff Hike on February 4
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Nigeria Labour Congress, NLC, has notified all its members to embark on a nationwide mass rally on February 4 over the recent 50 percent hike on tariff of telecom services by Nigeria Communications Commission, NCC. Joe Ajaero, NLC President, said this in […] More
-
Scarcity of Cash Is Threatening Confidence in Nigeria’s Banking System
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Recent headlines about non-availability of cash in ATMs and even banking halls, and the almost replacement of bank’s cash function, by Point of Sales, POS, Operators, is becoming a cause for concern, and creating crisis of confidence, in our banking system.The Central Bank […] More
-
Eleme Council Chairman Flays NNPCL, PHRC For Neglecting Youths, Host Communities
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Chairman of Eleme Local Government, Brain Gokpa, has berated the managements of the Port Harcourt Refining Company Limited, PHRC, and the Nigerian National Petroleum Company Limited, NNPCL, for neglecting their host communities and youths in their employment programmes. Gokpa, who hosted a […] More
-
2024 VAT Report Underscores Nigeria’s Unfair Revenue Sharing
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The 2024 Value Added Tax (VAT) breakdown has revealed significant disparities in contributions and allocations among Nigeria’s 36 states, highlighting a revenue-sharing system that continues to spark heated debates on fiscal fairness and equity. Lagos State, the economic nerve centre of Nigeria, dominated […] More
-
EFCC Set to Sell Off 891 Forfeited Vehicles Through E-Auction, Specifies Guidelines
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Economic and Financial Crimes Commission, (EFCC) has announced the sales of 891 forfeited vehicles through e-auction. The sales, according to the EFCC in a post on X, takes place January 27, 2025, between 11 am and 4 pm nationwide, while the vehicles […] More
-
Dogfight Over Right to the Concession of Lagos/Abuja Superhighway
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Two firms are at loggerheads over the concession of Lagos/Abuja Superhighway. The two firms, AEC Unity Network Limited and AEC-GeoFocus Consortium (GeoFocus) are engaged in a media war over the right company to which the federal government gave approval to handle the construction […] More
-
Okpebholo Set to Reposition Edo City Transport Service to Resume Inter-State Operations
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The management of the Edo City Transport Service (ECTS) says it is working round the clock to ensure that the hitherto comatose company comes back to life. And to achieve this, the new managers, led by Festus Ehimua, a lawyer, disclosed that some […] More
-
A Regional Conference on Agribusiness Calls fp Inclusive Empowerment on Agriculture
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The different tiers of government in Nigeria have been enjoined to empower the people through agricultural and vocational skills. This is said to be necessary to drive development in the country. A statement by Omotola Ashaolu,Press Secretary in the state ministry of Agriculture […] More
-
Property Owners Demand Cancellation of East-West Road Contract With RCC
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Only a day after the Minister of Works, David Umahi, inspected progress of work on the Eleme axis of the East-West Road project in Rivers State, property owners along that axis of the road have called for the cancellation of the contract to […] More
-
BudgIT Raises Red Flags in 2025 Federal Budget, Admonishes National Assembly on patriotism in consideration of document
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow BudgIT, a leading civic-tech organisation advocating for transparency and accountability in Nigeria, has spotted what it termed “significant irregularities” in the 2025 Federal Government proposed budget. The group consequently called on the National Assembly to conduct a transparent and inclusive review process, to […] More
-
Key To Moderating Naira Exchange Rates
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The decision of the Central Bank of Nigeria (CBN) to allow Bureau De Change operators (the retail end of the FX market) to buy up to $25k on the official market (The EFEM widow) is a well thought out strategy, to moderate Naira […] More
-
Filling Station Owners Demand Extension of Kyari’s tenure at NNPCL
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Petroleum Retail Outlet Owners Association of Nigeria has called for the extension of the tenure of Mele Kyari as the Group Chief Executive Officer, GCEO of the Nigerian National Petroleum Company Limited. The call, which was contained in a press statement issued […] More
Load More
Congratulations. You've reached the end of the internet.
WhatsApp us