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Business and Economy

Coronavirus: FG to cut down 2020 budget as Buhari constitutes committee – Minister

President Muhammadu Buhari on Monday constituted a committee to assess the impact of the Corona virus outbreak on Nigeria’s economy with a view to...

Access Bank unveils ‘TraderLite’ for micro businesses to strengthen economic growth

Determined to stimulate economic growth, Access Bank Plc has inaugurated an account tagged “TraderLite’’ for micro businesses with turnover between N50,000 and one million...

COVID-19: impact on economy becoming severe, investment in agriculture key — CBN

The Central Bank of Nigeria (CBN), says the impact of COVID-19 on economy is becoming severe, especially the declining global oil price and called...

FCT IRS targets N100bn revenue collection in 2020

The Federal Capital Territory Internal Revenue Service (FCT IRS) says it is targeting to collect N100 billion revenue in the territory in 2020.The Executive...

Ministry of Industry applauds KADCCIMA for successful trade fair

Dr Nasiru Gwarzo, Permanent Secretary, Federal Ministry of Industry, Trade and Investment has commended the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA)...

Nigeria records N36.1 trn total trade in 2019 — NBS

The National Bureau of Statistics (NBS) says Nigeria recorded N36.152 trillion as value of total trade in 2019, representing a 14.05 per cent increase...

2019: Access Bank posts N666.75bn gross earnings, declares 40k final dividend

Access Bank Plc has posted gross earnings of N666.75 billion for the financial year ended Dec. 31, 2019.The bank’s audited result released by the...

China to lower logistics costs for enterprises amid epidemic

The China State Railway Group (CSR), says China’s railway department will lower miscellaneous freight charges periodically to reduce logistics costs of enterprises amid the...

Don advocates review of fiscal federalism in Nigeria

A Professor of Economics, Israel Taiwo of the University of Ilorin, has advised the Federal Government to review the fiscal federalism in certain aspects...

Abia stakeholders reject EEDC’s planned tariff increase

Aba electricity consumers have rejected Enugu Electricity Distribution Company’s (EEDC) planned tariff increase in the state, citing the company’s poor management and poor services...

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