Business/Economy

•Petroleum profit tax, royalty, education tax, others eligible for settlement Chigozie Amadi Central Bank of Nigeria (CBN) yesterday clarified that 50 per cent balance of the repatriated export proceeds could be used to settle financial obligations...

Naira Declines at Both Official Market, Parallel to N1416/$1, N1,450 Chigozie Amadi Nigeria’s troubled currency, the naira yesterday experienced a decline in both the official market and the parallel market. At the Nigerian Autonomous Foreign Exchange (NAFEM)...

Universal Insurance Receives Brokers’ Approval for Business Chigozie Amadi Universal Insurance Plc, has been approved by the umbrella body of insurance brokers the Nigerian Council of Registered Insurance Brokers (NCRIB) as financially strong; reliable and trustworthy...

The federal government has opened discussions with Chinese agricultural/construction machinery vendors to boost the current administration’s agricultural transformation agenda as well as achieve food security. This followed a closed-door session between top officials of Federal...

Chigozie Amadi The Corporate Affairs Commission (CAC) and Financial Technology Companies including Point of Sale (PoS) operators, have agreed to a two-month’ timeline to register the latter’s agents, merchants, and individuals with the commission. The move, which...

Chigozie  Amadi Against the backdrop of prevailing high level of public ignorance of  the workings of the Contributory Pension Scheme (CPS), pension sector operators said they would embark on  enlightenment programme for  various stakeholders and contributors...

Chigozie Amadi Transcorp Hotels Plc, has sustained its remarkable financial performance as shown in its released first quarter (Q1) ended March 31, 2024 unaudited financial statements posted on the floor of the Nigerian Exchange Limited (NGX). The hospitality subsidiary...

BATNF, Ogun empower 1,000 maize farmers Chigozie Amadi British American Tobacco Foundation has empowered at least 1,000 farmers in Ogun State through its Maize Empowerment project. In a statement, the foundation noted that the project, which was...

Driving employment growth with national digital skills devt scheme Chigozie Amadi   The FGN/ALAT Digital Skillnovation Programme, a collaboration between the Federal Government and is helping to address youth unemployment in Nigeria Launched September 29, 2023, the FGN/ALAT...

Shettima shelves US trip as presidential jet develops fault midair Chigozie Amadi The Minister of Foreign Affairs, Yusuf Tuggar, will now represent President Bola Tinubu at the 2024 US-Africa Business Summit in Dallas, Texas, not Vice...