Archives for BUSINESS
MAN flays MPR hike, says it will further weaken manufacturing
MAN logo The Manufacturing Association of Nigeria (MAN) has flayed the increase in the Monetary Policy Rate (MPR) to per cent, saying it would increase the lending rate and worsen…
Border closure: LCCI, Peterside condemn exemption for Dangote, others
Peterside The Founder, Stanbic IBTC Bank Plc, Mr Atedo Peterside and Lagos Chamber of Commerce and Industry have condemned the selective approach of the government to economic policies. They spoke…
#EndSARS: Nigeria loses N54bn daily under curfew
At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have…
Ease Of Doing Business: Afreximbank Creates Digital Ecosystem
African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to…
NPA To Sanction Shipping Firm Over Arbitrary Port Charges
The Nigerian Ports Authority (NPA), has threatened to sanction CMA CGM, a major shipping line, over alleged unilateral imposition of $400 on shipments to two ports of Lagos,…
Lagos-Ibadan Railway: Engage Nigerian engineers, FG Orders CCECC
The Federal Government has warned the China Civil Engineering and Construction Corporation handling the construction of new Lagos-Ibadan standard gauge rail line,to ensure that they employ more Nigerian…
FIRS Generates N2.5Tri In Six Months
The Federal Inland Revenue Service has disclosed that it realized a total of N2, 529,615,174, (Two trillion, five hundred and twenty-nine billion, six hundred and fifteen million, one…
LCCI Worries as FG Imposes Excise Duty On Soap, others
The Lagos Chamber of Commerce and Industry has expressed worries over plans to impose excise duty on basic consumer goods. The Federal Government recently commenced the…
Osakwe Gives Reasons for Delay in signing African free trade deal
The Director-General of National Office for Trade Negotiations (NOTN) and Chief Negotiator, Ambassador Chiedu Osakwe has given reasons for the delay in signing African free trade deal. The…
UNICEF, Zamfara Govt. Enroll 4,099 Girls In Schools
Girls (G4G) initiative of the United Nations Children’s Fund (UNICEF), introduced in August 2017, had succeeded in enrolling 4,099 girls in schools. Mr Tayo Fatinikun, Executive…