The Nigeria Customs Service has been directed to start the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items, The PUNCH reports. This was after President Bola Tinubu approved the implementation of…
The Securities and Exchange Commission has approved the extension of the rights issue of Access Holdings Plc to August 23. A statement from the financial institution indicated that its N351bn rights issue, earlier scheduled for Wednesday, has been extended due…
The Central Bank of Nigeria has said that investment firm, Barbican Capital Limited, was only able to provide evidence to support its ownership of 3,110,400,619 units of shares representing 8.67 per cent of the shares of FBN Holdings. This was…
Ecobank Transnational Incorporated has reported a profit after tax of N311bn for the first half of the year, marking a 196 per cent increase compared to the N105bn recorded in the same period last year. This was disclosed in Ecobank…
The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure, Mr Khalil Halilu, has disclosed that the agency would offer a 50 per cent discount to drivers who want to convert their vehicles using the…
About 700,000 manufacturers and micro, small and medium enterprises have expressed intention to become beneficiaries of the Federal Government’s N150bn loan to help businesses in Nigeria navigate the current economic crunch. The Minister of Industry, Trade and Investment, Doris Aniete,…
Nigeria is lagging behind in achieving most of the targets of the 2030 Sustainable Development Goals, especially in tackling poverty and hunger, analysts have said. The Sustainable Development Goals, adopted by the United Nations in 2015, aim to end poverty,…
Nigerian businessman, Tony Elumelu says the government and security agents in Nigeria should be able to tell Nigerians who steal the country’s crude oil, especially using vessels that move through the territorial waters. Elumelu stated this in an interview published…
The Kwara State Government has entered into a partnership with a poultry feed and concentrates producer, Amo Byng Nig Limited, to enhance local soybean production as part of efforts to address the shortage impacting poultry feed production in Nigeria. A…
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery was built to use Nigerian crude and add value to it within the country. Dangote, who stated this in a statement…
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