Business and Economy

Nigeria Labour Congress rejects planned petrol price increase

The Nigeria Labour Congress has called on the Federal Government to consider options to help the country embrace developmental governance and accountable leadership while...

FG, States Won’t Be Able to Pay Salaries in 2022 If Fuel Subsidy is Retained – World Bank

The World Bank yesterday sounded the alarm bells to Nigeria, saying further delay in removing the fuel subsidy which had been described as a...

Business and Economy

Ecobank warns Flour Mills against loan ridden Honeywell deal

Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc against the proposed acquisition of equity stake in Honeywell Flour Mills Plc, alleging...

Business and Economy

Flour Mills and Honeywell owe CBN, FBNH, Bondholders a combined N220 billion

Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills Plc, two of Nigeria’s largest flour mills, announced an acquisition deal that will see the...

Business and Economy

CBN Retains MPR at 11.5%

The Central Bank of Nigeria (CBN) Tuesday resolved to leave all monetary policy parameters unchanged, retaining the Monetary Policy Rate (MPR), otherwise known as...

Business and Economy

Oyo Govt Tasks New Businesses on Tax payment

Oyo State Government has urged new businesses in the State to help it boost its revenue by paying their taxes, as at when due.The...

Business and Economy

PTAD completes payment of arrears of the consequential adjustment

The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of arrears of the consequential adjustment to pensioners under the three operational departments of...

Business and Economy

Naira gains at official market despite a significant drop in forex trading

The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official Investors and Exporters window, despite reduction on forex...

Business and Economy