Business/Economy

30 govs spent N968.64bn on refreshments, others in three months – Report CHIGOZIE AMADI No fewer than 30 state governments of the federation spent N986.64bn on recurrent expenditures, including refreshments, sitting allowances, travelling, utilities, etc., in...

Naira may settle at 1450/$ by Dec, says Fitch Ratings CHIGOZIE AMADI International credit rating agency, Fitch Ratings, has projected that the Nigerian currency, the naira, will end the year at 1,450 to the United States...

Business environment improved slightly in May –Report CHIGOZIE AMADI The business environment for the private sector in Nigeria improved slightly in May as the Purchasing Managers’ Index rose to 52.1 points in May from 51.1 points...

Customs intercept N96m marijuana along Lagos Bar Beach CHIGOZIE AMADI The Nigeria Customs Service, Western Marine Command on Tuesday, handed over 17 sacks of Cannabis Sativa, containing 1, 257 parcels worth N96m, intercepted along Bar Beach...

CHIGOZIE AMADI The Nigeria Extractive Industries Transparency Initiative (NEITI) and a leading international civil society organisation, the Publish What You Pay (PWYP) coalition have resolved to deepen their collaboration to ensure transparency in the extractive...

CHIGOZIE AMADI The Nigerian stock market depreciated by N102.55 billion as investors marked  FBN Holdings (FBNH) Plc and 16 others for profit-t-taking amid the ongoing nationwide strike imposed by the organized labour unions. As Nigerian unions...

LG: Nigeria’s Cleaning Industry to Hit $12m by 2027 CHIGOZIE AMADI LG has reaffirmed its commitment to Nigeria’s cleaning industry projected to hit $12 million in the next three years. Indeed, Nigeria’s clean industry is worth $575...

ATCON Engages 36 States Commissioners in Strategic Meeting CHIGOZIE AMADI The National Executive Council of the Association of Telecommunications Companies of Nigeria (ATCON) has concluded plans to host a one-day strategic stakeholders meeting with the 36...

Aramco’s $12bn Stock Offer Sells Out in Hours CHIGOZIE AMADI Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help...

Order Paper Holds Public Dialogue on Fiscal Responsibility for Parliament, Private Sector CHIGOZIE AMADI Order Paper, one of Nigeria’s foremost independent parliamentary monitoring organisations and policy think tanks, yesterday held a public dialogue between the parliament...