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Business and Economy
Akwa Ibom to Replicate Songhai Farm Model in Mkpat Enin
By Ogenyi Ogenyi, UyoThe Akwa Ibom state government has announced its plans to establish a model palm oil mill based on the Songhai Farms...
Nigeria secures victory in $11 billion P&ID case in UK court
By Milcah TanimuIn a significant legal victory for the Federal Government of Nigeria, the London court has ruled in favor of Nigeria in its...
Wike Approves Implementation of Revenue-Generating Laws in Abuja: Personal Income Tax Evaders Risk Three-Year Jail Term
By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory (FCT), Barr. Ezenwo Nyesom Wike, has authorized the strict implementation of the Personal Income Tax...
10 Companies Forced to Shut Down Due to Nigeria’s Worsening Economic Conditions
In the past decade, more than ten manufacturing companies in Nigeria have been compelled to halt their operations, primarily due to the deteriorating macroeconomic...
September Sees Nigeria’s Oil Revenue Surge by N273.8 Billion Due to Increased Output
By Daniel EduNigeria's oil earnings saw a substantial boost of over N273.8 billion in September 2023, thanks to a surge in crude oil production...
**Real Estate and Construction Firms Secure N2.26tn in Loans in Eight Months, CBN Reports**
By Daniel EduReal estate and construction companies in Nigeria have managed to secure loans totaling N2.26 trillion over an eight-month period, according to data...
“Surge in Nigerian Palm Oil Imports from Malaysia: 65.3% Increase – Report”
By Daniel EduNigeria has witnessed a notable surge in its palm oil imports from Malaysia, one of the world's top producers, with a remarkable...
NASENI and Three Chinese Firms Ink $2 Billion MoUs
By Daniel EduThe National Agency for Science and Engineering Infrastructure (NASENI) has entered into memoranda of understanding (MoUs) worth $2 billion with three prominent...
Federal Government Implements Cash Transfer Program; Requires NIN and BVN, CBN Initiates Payments
By Daniel EduIn an effort to expand the reach of its Conditional Cash Transfer scheme, the Federal Government is revamping the National Social Register...
“National Tax Conference Sets Agenda for Enhanced Government Revenue”
By Milcah TanimuThe October 2023 National Tax Conference in Lagos convened fiscal policy experts and scholars to tackle Nigeria's low tax revenue challenges. With...
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