FG Approves Over N5.1 Billion for Award of 185 TETFund Research Grants.
In a bid to boost Research and Development for economic and technological development in Nigeria, President Bola Ahmed Tinubu has approved the sum of N5,128,180,623.63 for the funding of 185 successful research proposals under...
Dangote investors gain N514bn after refinery takeoff
Investors in the Dangote Group shares on Tuesday gained N514bn following an announcement that the Dangote Refinery had commenced production.
Investors have rushed to Nigerian Exchange Limited to purchase stocks by Dangote Group, an entity...
Naira Falls To N1,330/$ @ Parallel Market
Nigeria’s Naira on Tuesday, plummeted to N1,330/$ at the parallel section of the market by 3.91 percent or N50 from the N1,280/$ rate recorded on Monday.
Currency traders in Lagos, also known as Bureau De...
Nigerian Business Leaders Acknowledge Impact of Open Financial Markets
Nigerian business leaders have acknowledged the impact of financial open markets as highlighted in Standard Chartered Bank’s Resetting Globalisation: Catalysts for Change report. The report captures the various perspectives of business leaders in Nigeria...
LIRS Affirms January 31st Deadline for Employers to Submit Annual Tax Returns
In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual tax returns on or before the stipulated deadline...
Two million workers may lose jobs in 2024 – ILO
The International Labour Organisation has projected that two million workers may lose their jobs this year, as the global unemployment rate will be up from 5.1 per cent in 2023 to 5.2 per cent.
In...
More multinationals may exit Nigeria in 2024 – Report
Multinational firms in the Fast Moving Consumer Goods subsector may exit the country this year if the operating environment does not improve, according to a new report by a financial solutions firm, Cardinal Stone.
The...
Tinubu Receives Brief On $10 Billion Investment Prospects In Nigeria’s Steel Sector
President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which...
IMF opens capacity development support for FRC
The Fiscal Responsibility Commission (FRC), on Wednesday inaugurated a two-week capacity development training support organised by the International Monetary Fund (IMF) in Abuja.
The Chairman of FRC, Victor Muruako, said that the training would enable...
Seme: Customs generated N5.94bn in 2023
The Nigeria Customs Service, Seme Area Command, Lagos, on Wednesday said it generated a sum of N5.94 billion in 2023.
Timi Bomodi, Comptroller Seme Command, disclosed this to newsmen during the decorations of newly promoted...
