Business/Economy

IOCs still causing crude supply crisis, Dangote refinery cries out CHIGOZIE AMADI The Management of Dangote Industries Limited has insisted that the international oil companies are still frustrating crude supply to its 650,000-capacity refinery. The management said...

•Projects N100,000 minimum Wage  •Adedipe: Grow agriculture, manufacturing, otherwise ambitious growth expectation will be a mirage CHIGOZIE AMADI The Chief Executive of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has declared that the Nigerian economy underperformed...

•Says current policies largely disjointed CHIGOZIE AMADI A Financial Times (FT) article has described current policies by the President Bola Tinubu administration as disjointed, stressing that his ‘shock therapy” strategy alone will not cure Nigeria’s many...

•Reviews 2023 Finance Act to tax banks’ FX gains  •Barau hints amendment meant to accommodate new minimum wage   •Edun: FG to reintroduce beverage tax CHIGOZIE AMADI The two chambers of the National Assembly, yesterday, gave accelerated consideration and...

Senate Reviews 2023 Finance Act to Tax Banks’ Foreign Gains CHIGOZIE AMADI The Senate, Wednesday, considered the amendment of the 2023 Finance Act aimed at taxing foreign exchange proceeds realised by banks nationwide in their financial...

Nigeria Needs to Deploy Technology to Revolutionise Agric Sector, Says Israeli Govt CHIGOZIE AMADI Business stakeholders from Israel have advised Nigeria to take advantage of evolving technological innovations to develop the country’s non-oil sector, especially agriculture. Some...

.Tells Nigerian investors to prepare for likely impact   CHIGOZIE AMADI A report has outlined the projected impact the 2024 US presidential election will have on the global economy, including the Nigerian business landscape. With the momentum...

Stanbic IBTC Bank Partners Lagos State on LIWAC CHIGOZIE AMADI Stanbic IBTC Bank, one of Nigeria’s leading financial institutions, partnered with the Lagos State Water Regulatory Commission to host its fifth edition of Lagos International Water...

Fidelity, Access, GTCO Kick-starts N4.7tn Banking Sector Recapitalisation With N878.61bn Offers CHIGOZIE AMADI Following the Central Bank of Nigeria (CBN) directive that banks shore up their capital, three banks, Fidelity Bank Plc, Access Holdings Plc and...

Omogiafo Emerges President of Lagos Business School Alumni Association   CHIGOZIE AMADI The President and Group CEO of Transnational Corporation Plc (Transcorp Group), Dr. Owen Omogiafo,  has been officially sworn in as the President of the Lagos...