Archives for BUSINESS - Page 8
CAC to delist 100,000 firms from database
CAC logo The Corporate Affairs Commission has said it will remove 100,000 registered companies from its database soon. The Registrar-General and Chief Executive Officer, CAC, Alhaji Garba Abubakar, made this…
U.S. Removes Export Duty On Cocoa, Others From Nigeria
By Ngozi Onyeakusi---As part of the its incentives to boost Nigerian economy, the United States has announced the removal of export duties on cocoa and some other produce from Nigeria…
MAN to adopt green manufacturing
MAN logo The Manufacturers Association of Nigeria (MAN) has said it is set to support green manufacturing to reduce the negative impacts of production activities on the environment. President of the…
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…