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Business and Economy

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...

Mass Media Will Remain Strategic Partners to NCC – Danbatta

The mass media, whether print, broadcast, online, or other specialised genres, will remain central and strategic stakeholders to the Nigerian Communications Commission (NCC)...

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar

By Becky AdiNaira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning...

Exports of Crude Oil, Gas Earn NNPC N93 billion

By Isaac KertyoThe Nigerian National Petroleum Corporation (NNPC) Limited reported earnings of $224.29 million (about N93.424 billion) from crude oil and gas exports...

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