Business/Economy

The naira appreciated by 27.16 per cent to close at N864.29/$ on the official Investors and Exporter window on Monday. This is as the daily turnover of the dollar surged by 86.83 per cent to...

The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In a list published on its website, the commission listed 91,843 companies for delisting (2,738 less...

Professor of Capital Market, Uche Uwaleke says bank’s recapitalisation is likely to rejuvenate the stock market. Uwaleke told the News Agency of Nigeria (NAN) that the banks recapitalisation idea of the Central Bank of Nigeria...

National Bureau of Statistics (NBS), in its Company Income Tax (CIT) Q3 2023 report released Monday in Abuja said that companies paid N1.75 trillion as taxes in the third quarter of 2023. On a year-on-year...

The House of Representatives Committee on Appropriations and the Nigeria Customs Service (NCS) have resolved to increase the 2024 revenue target of the service to N6 trillion. This is against the initial N5 trillion proposed...

Seven dockworkers of Nigeria’s largest container terminal, APM Terminals Apapa, were last week honoured with various awards at the maiden Dockworkers Day celebration organised by the Nigerian Maritime Administration and Safety Agency (NIMASA). The Dockworkers...

The American Business Council Nigeria in partnership with the Center for International Private Enterprise (CIPE) has launched a Private Sector Development for Democracy Forum (PSDdF) to strengthen democracy in Nigeria. At a media parley to...

Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II has unveiled Ecoboost to Nigerian customers with the move to join forces with other stakeholders to reduce greenhouse gas emissions in the continent. Ooni of Ife who...

In a landmark move, Covalensedigital and inq. Digital Nigeria has entered into a partnership to transform Nigeria’s digital services for Mobile Virtual Network Operators (MVNOs). The collaboration, they said, ushers in a new era of...

The Nigerian Ports Authority (NPA) has offered clarifications to the Senate Committee on Public Accounts on the debt sum of N1 billion, which the committee said was not clarified in the report of the...