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Business and Economy

NNPC, NUPENG, Others Reach Truce As Another Fuel Scarcity Just Averted

By Becky AdiThe Nigerian Association of Road Transport Owners (NARTO), National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers...

Flour Mills Attack BUA Over Alleged Sugar Sale Suspension -Dangote

By Isaac KertyoDangote Gains As BUA Owner, Abdulsamad Loses N12.47bn Amid Sugar Price Allegation. The cold war between Dangote Sugar Refinery Plc, Flour Mills...

CBN enlightens Delta residents on eNaira usage

By Isaac KertyoThe Central Bank of Nigeria, on Friday, enlightened and encouraged Nigerians to embrace the use of eNaira and other programmes to...

House of Reps Commends FG, CBN Seek Sustenance of ‘100 for 100’ Policy

Members of the House of Representatives have commended the federal government as well as the Central Bank of Nigeria (CBN) over the recently introduced...

Nigeria’s GDP Grew By 3.98% In 2021 Q4 – NBS

The National Bureau of Statistics says Nigeria’s GDP grew by 3.98% in Q4 2021, sustaining a positive trajectory.“Nigeria Gross Domestic Product (GDP) grew by...

Sugar Council reads riot act

By Isaac KertyoThe Executive Secretary, National Sugar Development Council (NSDC), Zacch Adedeji, yesterday warned that erring sugar operators who distort the sugar master...

Insurance sector grows income by 22% to N630bn

By Joyce BabayejuUnaudited Gross Premium Income, GPI, for the insurance industry has increased by 22.6 per cent to N630.4 billion in 2021 from...

IMF releases report on Balance of Payments

The International Monetary Fund (IMF), yesterday, released its 2020 Annual Report on Balance of Payments Statistics, saying that the period witnessed negative net positions...

Refineries record N11.77bn loss in 3 months

By Isaac KertyoNigeria’s three refineries recorded a combined operational deficit of N11.77 billion in the months of June, July and August 2021, Monthly...

Server failure: FCT-IRS extends filing of annual tax returns to March 31st

By Joyce Remi- BabayejuManagement of the Federal Capital Territory Internal Revenue Service, FCT- IRS, has extended filling of annual tax returns to...

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